The memorandum, signed while Trump attended the G7 summit in France, mandates an immediate cessation of hostilities across all fronts, including Lebanon. Under the terms, the U.S. will lift its naval blockade, waive sanctions, and unfreeze billions in Iranian assets. The deal also establishes a $300 billion post-war reconstruction fund. In exchange, Iran has committed to IAEA-supervised down-blending of its enriched uranium and pledged to keep the Strait of Hormuz open to maritime traffic.
Negotiators have 60 days to finalize a permanent truce, a period Trump hopes will stabilize Middle East energy prices. However, the path to peace remains volatile. While Iranian officials celebrated the agreement as a diplomatic victory, Israel—which was excluded from the talks—continues military operations in southern Lebanon. Trump publicly urged Prime Minister Benjamin Netanyahu to adopt a "softer touch" in his campaign against Hezbollah, yet reports of fresh air strikes and drone attacks persist. Despite the signature, the fundamental tensions remain, with Trump retaining the threat of force if the Islamic Republic deviates from its new commitments.





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