Trump and Iran say agreement to be signed on Friday but challenges loom. France, Britain push Hormuz mission as truce nears—AND MORE

CNN: The US and Iran say they have reached an agreement that will end a US blockade of Iranian ports and reopen the Strait of Hormuz. The US and Iran have offered conflicting accounts of what will follow a signing ceremony in Geneva on Friday and no text has been released

U.S.-Iran Framework Brings Relief, but Challenges Loom

The framework announced on Sunday by President Trump and Iranian officials includes a cease-fire of 60 days to pave the way for negotiations toward a final peace agreement. Mr. Trump said the deal would reopen the Strait of Hormuz, a vital waterway for the world’s energy supplies, which would likely ease soaring U.S. gas prices that have become a political problem for the president and bring respite to Iran’s economy. Iranian officials have not commented on the specifics of the agreement…

France, Britain push Hormuz mission as truce nears, but Iran’s stance key

France and Britain are pushing plans for a multinational naval mission ​to safeguard shipping through the Strait of Hormuz if a U.S.-Iran ceasefire materialises, although it is doubtful whether Tehranwould be prepared to accept any such ‌operation…

Oil Tumbles and Stocks Surge After Trump Announces Deal With Iran

Trump Claims Strait Will Be ‘Permanently Toll-Free’ Under Agreement With Iran

President Trump said in an interview on Sunday afternoon that the agreement he had reached with Iran would ultimately assure that the Strait of Hormuz was “permanently toll-free,” and asserted that, despite the objections of Prime Minister Benjamin Netanyahu of Israel, he had saved Israel from nuclear obliteration…

Trump’s Iran Deal Set to Draw Scrutiny From Allies at G-7

Allies have yet to see the text of pact aimed at ending a war that has weighed on the global economy…

Trump sought to break Iran’s regime. He settled for reopening Hormuz.

The emerging agreement ends a costly war but leaves Iran’s leadership intact and its nuclear future still subject to negotiation…

Israelis denounce Trump’s deal with Iran

Prime Minister Benjamin Netanyahu did not issue an immediate statement, but other Israelis disparaged the peace deal and said Israel’s fight against Hezbollah in Lebanon would go on…

The true test of Trump’s Iran agreement will come only if the fighting stops

Any agreement to end conflict — especially one that rocked the global economy, killed 13 US service members, an unknown number of Iranian civilians and revived Lebanon’s grim lot of being caught in other peoples’ wars — is a welcome development.

But a dearth of details and the terms that are known left Trump facing three immediate questions that will dictate the future strategic balance of the Middle East; the war’s place in history; and how all of this affects Trump’s presidential legacy…

A fragile Iran peace follows a war without victors

It is easy to see how it could all break down. The Israeli government is unhappy — in particular about the announcement that its campaign against Hizbollah in Lebanon will have to end. With elections looming — and cross-party condemnation of the peace deal in Israel — Benjamin Netanyahu may feel the need to resume attacks on Hizbollah, particularly if it shells northern Israel. Iran might then respond with strikes on Israel…

Trump Leaves the Hard Part for Later in Long-Awaited Iran Deal

“It’s not implausible they could have a temporary deal to reopen the Strait,” said Michael O’Hanlon, director of foreign policy research at the Brookings Institution. “Beyond that, a comprehensive deal is not plausible now.”…

Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles

Even if the Strait of Hormuz soon reopens, it would likely take months for the U.S. to replenish its depleted oil inventories, keeping prices elevated…

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