U.S. President Donald Trump announced on Monday that a memorandum of understanding aimed at ending the Gulf conflict has already been signed by both the United States and Iran, prompting critics to demand the release of its contents.
Speaking shortly after arriving in France for a G7 summit, Trump said: “The deal’s all signed. And the strait is already partially opened,” referring to progress on reopening the Strait of Hormuz, a key global energy shipping route that has been disrupted by months of blockade and rising tensions.
An official signing ceremony is expected on Friday in Geneva, located near the summit venue in the French Alps. When asked about public disclosure of the agreement, Trump said the document would likely be released “very soon,” possibly shortly after the ceremony.
However, Democratic Senate Majority Leader Chuck Schumer called for full transparency, urging the administration to publish the deal and brief Congress. He questioned what the agreement contains and what benefits the United States has gained, while also raising concerns about the safety of U.S. troops.
Early signs of instability around the agreement remained, as Israel—excluded from the negotiations and previously involved in the conflict—carried out a drone strike in southern Lebanon. The ongoing tensions highlight the fragility of the ceasefire arrangement, even as Iran insists the deal requires a complete halt to hostilities.
A U.S. official clarified that Israel’s withdrawal from Lebanon is not part of the agreement, stating that the ceasefire would not be one-sided and that Israel retains the right to respond to attacks linked to Iran-backed Hezbollah forces.
Markets reacted strongly to the announcement, with oil prices falling sharply on expectations of restored energy flows through the Strait of Hormuz and global stock markets rising.
Under the reported framework, the deal would reopen the strait and establish a 60-day ceasefire period for further negotiations, including discussions on Iran’s nuclear programme. While details remain undisclosed, U.S. officials say any economic relief for Iran would depend on compliance with strict nuclear non-proliferation conditions.
Reports also suggest the agreement could eventually include large-scale reconstruction funding for Iran, contingent on its commitments, while Iranian officials insist they have secured concessions such as sanctions relief and access to frozen assets.
Despite diplomatic progress, fighting in Lebanon continues to threaten the stability of the arrangement, with both sides maintaining opposing positions on military operations and withdrawal conditions.
Israeli officials have not formally responded to the agreement, though internal reactions have reportedly been negative, with concerns that it could undermine Israel’s security objectives in the region.
Source: Reuters


