Strait of Hormuz to reopen as Iran, US reach initial deal to end war

International

THE Strait of Hormuz may be reopened within the week after an initial agreement to end the US-Iran war has been reportedly reached.

US Vice-President JD Vance said US President

Donald Trump may decide to release a preliminary deal to end the war with Iran before Friday.

In a report by BBC, Vance described the memorandum of understanding (MOU) between the US and Iran as "about a page and a half" and a "very general" document.

Some details about the deal included the reopening of the Strait of Hormuz on Friday - the same day the deal will be formally signed in Geneva.

The reported deal comes as Trump attends the G7 summit in France. The summit will host a special session about Iran attended by the leaders of Egypt, Qatar and the United Arab Emirates.

In his talks with French President Emmanuel Macron, Trump said "I am very happy to say it's signed, the deal is all signed," referring to the preliminary agreement.

US officials said the deal had been signed electronically by Trump, Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf.

Trump had said details of the agreement were set to be published "pretty soon".

In an interview with CNN's Jake Tapper, Vance said the MOU was a very general document with details that would be worked out during future negotiations.

"On a number of issues, we are going to have to figure this stuff out during the technical negotiation phase, but what the MOU does is set up a framework whereby the Iranians get the benefits of the bargain by meeting their obligations under the bargain," Vance said.(MyTVCebu)