Iran War Restarts as Financial Pressures Increase

On June 17, a Memorandum of Understanding (MOU) was signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian. It contained 14 points that the U.S. media have considered favorable to Iran. These included reopening the Strait of Hormuz with no tolls for the next sixty days, with Iran retaining military control of the strait; extending the ongoing ceasefire for sixty days; ending the U.S. naval blockade of Iranian ports; and releasing Iran’s funds that had been frozen (stolen) by the U.S. The Zionist entity was also supposed to end its latest war against Lebanon, among other things. An MOU is far from a peace treaty, and though it did not end the war, together with the ceasefire it seemed to put the attacks on ice for the time being, at least as far as the military side of things was concerned.

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