WORLDJun 25 · 19:45 UTCWAR ON THE ROCKSWOTR Staff

Open Strait, Unsettled Waters

U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding mediated by Pakistan and Qatar, ending hostilities and increasing shipping through the Strait of Hormuz while lowering oil prices. Washington granted a 60-day waiver on Iranian oil and petrochemical sales.

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Donald TrumppersonMasoud PezeshkianpersonPakistanplaceQatarplaceStrait of HormuzplaceUnited StatesplaceIranplacememorandum of understandingtopic

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