The United States and Iran have formally signed a landmark 14-point Memorandum of Understanding aimed at ending months of conflict and opening a path toward a broader peace agreement. The deal includes a 60-day ceasefire, plans for sanctions relief, discussions on Iran’s nuclear program, restoration of shipping through the Strait of Hormuz and a proposed $300 billion economic development framework. While supporters see the agreement as a historic diplomatic breakthrough, critics remain skeptical about implementation and compliance. The memorandum now shifts attention from the battlefield to negotiations, with both sides facing pressure to honor their commitments.
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