“Donald Trump, the US President, announced that an agreement
has been reached between the US and Iran to open the Strait of Hormuz and
extend the ceasefire on all fronts for another 60 days.
“With the opening of the Strait after the agreement is
signed on Friday (...) oil will once again flow in both directions for the
region and the world!” – wrote D. Trump on social networks.
Iranian Deputy Foreign Minister Kazem Gharibabadi confirmed
that the text of the memorandum of understanding has been finalized, and the
official signing ceremony will take place on Friday in Switzerland.
He added that “starting tonight, an immediate and permanent
end to the war and military operations on various fronts, including Lebanon,
will be declared.”
According to the agreement, Iran will not block the Strait
of Hormuz, which it has effectively closed since the start of the war on
February 28. The opening will take place gradually - Iran must remove mines
from the strait within the first 30 days. It is also stipulated that Iran will
not impose tolls on ships for a period of 60 days.
The United States, in turn, will no longer block Iranian
ports.
In the evening, the US president stated that after the peace
agreement with Iran, oil tankers are sailing from the Strait of Hormuz.
“Ships, many of them loaded with oil, are starting to sail
from the Strait of Hormuz. They are sailing along the southern “highway”, which
is completely safe, reliable and impeccable. There are other sailing routes!!!”
– the president wrote on his social network “Truth Social”.
He apparently called the southern “highway” the route near
the coast of Oman.
The signing of the agreement was also announced in the
evening. US President D. Trump, Vice President J. D. Vance and Iranian
Parliament Speaker Mohammad Bagher Ghalibaf electronically signed an agreement
to end the war in the Middle East, a senior US administration official said on
Monday.
“The president wanted to sign it in person because he wanted
to show his (...) commitment to successfully resolve this issue,” the official
told reporters by phone, speaking on condition of anonymity.
Negotiations on Iran’s nuclear program will continue. The
Financial Times (FT) quoted an official as saying that Tehran and Washington
would negotiate how to remove Iran’s stockpile of enriched uranium under an
agreed mechanism. The minimum commitment would be for all uranium to be diluted
on site under the supervision of the International Atomic Energy Agency.
People familiar with the talks said any easing of sanctions
on Iran, including the lifting of a freeze on its assets held abroad, would be
phased in and depend on progress in nuclear talks that would begin with the
signing of a memorandum of understanding.
But the US would allow Iran to sell oil during the 60-day
extension of the ceasefire, a person familiar with the talks told the FT.
Opening the Strait of Hormuz, through which about a fifth of
the world’s oil and gas exports are exported, has been a priority for Mr Trump.
Its closure has triggered the worst energy crisis in decades and has sent fuel
prices soaring in the United States ahead of midterm elections in November.
The diplomatic breakthrough comes after a week of intense
efforts by regional mediators amid clashes that have threatened to drag the
rivals back into full-scale conflict.
The apparent breakthrough on Sunday came hours after Trump
publicly expressed his outrage over Israeli Prime Minister Benjamin Netanyahu’s
actions.
The US leader, not shying away from swearing, railed against
Israel’s attack on Beirut on Sunday, saying: “Why did Bibi (Netanyahu) have to
do that f***ing attack? I was so furious. I let him know that.”
Trump said the attack, which threatened the deal, should not
have happened.
Israel said the strikes, which killed three people, were in
response to fire from the Iranian-backed terrorist group Hezbollah into
northern Israel."
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