According to foreign media reports, a new Memorandum of Understanding (MoU) between the United States and Iran has been signed by US President Donald Trump, Vice President J.D. Vance, and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Several key aspects of this historic agreement have already been disclosed to the media.
The agreement provides for the immediate reopening of the strategically significant Strait of Hormuz and the removal of the US naval blockade that had been imposed on Iran.
Comprehensive details of the agreement are expected to be released to the public within the next 24 to 48 hours.
Meanwhile, technical-level discussions concerning issues between the two sides are scheduled to commence later this week.
International political observers note that the agreement is likely to play a decisive role in easing the highly tense situation across the Middle East region.
