politics

US and Iran digitally re-sign deal to end war and open Strait of Hormuz

The United States and Iran remotely signed their memorandum of understanding to end the war and open the Strait of Hormuz for the second time on Wednesday, the White House told the Washington Examiner.

US and Iran digitally re-sign deal to end war and open Strait of Hormuz

TL;DR

  • The US and Iran remotely signed a memorandum of understanding to end the war and open the Strait of Hormuz.
  • This is the second time the agreement has been signed remotely.
  • The memorandum will result in Iran reopening the Strait of Hormuz and the US lifting its naval blockade on Iranian vessels.
  • Pakistani Prime Minister Shehbaz Sharif confirmed Pakistan's role as a key mediator.
  • French President Emmanuel Macron hailed the deal as a step towards decreasing energy prices.