The United States and Iran have agreed on a roadmap that will allegedly lead to peace and the reopening of the Strait of Hormuz. The rulers have agreed on a memorandum of understanding (MoU) aimed at ending the conflict.
The current war, which began on February 28th with a joint US-Israeli bombing campaign, has prompted Tehran to close the Strait of Hormuz to most shipping. In response to that economically devastating move, the US initiated its own naval blockade. Tit for tat strikes have also been ongoing, even though a ceasefire was agreed to in April.
U.S. Begins Blockade of Strait of Hormuz
According to a report by RT, Israeli Prime Minister Benjamin Netanyahu also told US President Donald Trump that Israel does not consider itself bound by the Lebanon-related provisions of the agreement with Iran and will not withdraw its forces from southern Lebanon, according to Ynet.
That means that this agreement is incredibly fragile, and it could crumble at any moment. Nonetheless, the MoU will be signed on Friday in a special ceremony in Geneva, Switzerland.
While Iran has said that the document would focus on ending the war and reopening the Strait of Hormuz, which has been the main cause of rising fuel prices, the two sides still have 60 days to negotiate the future of Iran’s nuclear program. The nuclear program has been a sticking point for both sides, with Iran claiming their program is peaceful, as the US claims they are building nuclear weapons.
Trump was more focused on the vital waterway than the nuclear capabilities of Iran (one of the reasons he started this war in the first place). He wrote on Truth Social that he ordered “the toll-free opening of the Strait of Hormuz” and the end of the US naval blockade of Iranian ports.
“Let the oil flow!” he wrote.
“I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!” Trump wrote on Truth Social.
Trump claimed that the strait would reopen “toll-free” after the document was signed on Friday. Iran has agreed to halt uranium enrichment, renounce nuclear weapons, and release $25 billion in frozen assets.
This agreement cannot come soon enough for cash-strapped Americans struggling under the massive weight of fuel prices and food inflation.
Prices Continue To Surge In The US Pushing Americans Into Dire Situations