US President Donald Trump has announced that a memorandum of understanding (MoU) with Iran has been “all signed” electronically, and the Strait of Hormuz will be “completely open” by Friday.

US officials told Reuters and AFP that the agreement was signed by Trump, Vice President JD Vance, and Iran’s chief negotiator, Parliament Speaker Mohammad Bagher Ghalibaf.

Tuesday marks 109 days since the war began, with US and Israeli attacks on Iran. The details of the MoU have not been fully disclosed, but officials from both sides have hinted at its contents.

The deal is expected to ensure free passage of oil and other cargo through the Strait of Hormuz, potentially stabilizing global energy markets.

Critics argue the agreement could undermine US influence in the Middle East and pose a security risk to Israel.

Source: www.aljazeera.com