p has signed a memorandum of understanding aimed at ending the conflict between the United States and Iran, marking a significant step toward restoring stability in the region.

The agreement was signed on Wednesday evening at the Palace of Versailles in France, shortly before a dinner hosted by Emmanuel Macron. The development was confirmed by White House Deputy Chief of Staff Dan Scavino, who described it as a historic moment.

Iranian President Masoud Pezeshkian also signed the agreement in Tehran, while US Vice President JD Vance is expected to formally endorse the deal during a ceremony in Geneva on Friday.

Under the agreement, Iran is expected to discuss measures to reduce its stockpile of highly enriched uranium and reaffirm its commitment not to pursue nuclear weapons. In return, the United States will ease several economic restrictions, including lifting its naval blockade, allowing Iranian oil exports, and exploring broader sanctions relief.

The deal also includes plans for the reopening of the Strait of Hormuz, a key global shipping route, with toll-free passage guaranteed for 60 days. However, Iran indicated that it may impose service fees on vessels using the waterway after that period.

Speaking after the signing, Trump defended the agreement, saying it would help prevent economic instability and reduce the risk of further military confrontation. He argued that the alternative could have triggered a major global economic crisis.

Meanwhile, Iran’s chief negotiator, Mohammad Bagher Ghalibaf, described the agreement as evidence of American failure but said history would ultimately judge the outcome.

The agreement is expected to pave the way for a 60-day negotiation process on Iran’s nuclear programme, regional security issues, and the implementation of economic incentives for Tehran.

Trump Signs US-Iran Peace Deal as Both Nations Move to End Conflict

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