Zerohedge: Iran Deal Signed: Strait of Hormuz Reopens, Nuclear Threat Neutralized?

Summary

A significant interim agreement has been electronically signed between the U.S. and Iran, reportedly ensuring Iran will not possess nuclear weapons and mandating strong policing powers. President Trump called the previous JCPOA deal 'horrible' and described past U.S. payments as failed bribes. Under the new accord, sanctions relief for Iran is contingent on compliance, with no immediate financial benefits. The Strait of Hormuz is beginning to reopen, though clearing mines will take time, with increased traffic expected in 1-2 weeks. Iran is offering a 60-day toll-free transit period for ships, with hundreds awaiting passage. Details of the Memorandum of Understanding are expected within 48 hours. Vice President JD Vance has begun a media tour to boost investor confidence in the deal. The agreement also aims to address conflicts in Ukraine and between Israel and Hezbollah.