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Middle East live: US-Iran memorandum details to be released soon

Middle East live: US-Iran memorandum details to be released soon

Summary

The United States and Iran have made a memorandum of understanding aimed at ending their conflict, which President Donald Trump called a "fair deal." Details of the agreement are expected to be released soon, and some Iranian oil tankers have begun exporting crude oil again, leaving a US blockade zone.

Key Facts

  • President Trump described the US-Iran memorandum as a "fair deal."
  • French President Emmanuel Macron said the agreement was positive.
  • Iranian crude oil tankers have exited a US Navy blockade area and resumed exports after two months.
  • Iran's National Iranian Tanker Company dispatched at least three very large crude carriers with millions of barrels of oil.
  • President Trump criticized Israel’s military tactics in Lebanon, calling some attacks unnecessary and harmful to civilians.
  • Iran’s top negotiator said Israel must withdraw from occupied areas in Lebanon for the peace deal to work.
  • There is a private $300 billion fund set up to encourage investment in Iran, with over half already committed.
  • US lawmakers have said they have limited information about the agreement and want to review it.
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