US and Iran sign interim memorandum in France as Brazil urges compliance and end to attacks

US and Iran sign interim memorandum in France as Brazil urges compliance and end to attacks

The United States and Iran have signed an interim memorandum of understanding in France that is intended to end their conflict and reopen key shipping routes, according to the supplied report. The agreement is being presented as a diplomatic breakthrough after months of war and repeated failed talks. It includes terms that would suspend sanctions, allow free transit through the Strait of Hormuz and halt attacks between the two sides.

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Brazil's foreign ministry said it welcomed the agreement with satisfaction, while stressing that the terms must be fully respected and that attacks must stop. The ministry said diplomacy was the only path to an understanding between the two countries. The reported memorandum contains 14 points, including an end to the blockade on Iranian ships and the restoration of free passage through Hormuz.

The Strait of Hormuz is one of the world's most sensitive energy chokepoints, with the supplied report saying about 20% of global oil production passes through it. Its closure had already driven up oil prices and created economic effects well beyond the region. The reopening terms therefore carry significance not only for the conflict itself, but also for shipping, energy markets and wider international trade.

The report says the war between the United States and Iran has lasted about four months and began after a joint offensive with Israel against Tehran. It also says the escalation led to the death of Iran's supreme leader, Ayatollah Ali Khamenei, and prompted Iran to respond with measures including the closure of Hormuz. The agreement now appears to mark a shift from military escalation toward a negotiated framework, although the durability of that shift remains uncertain.

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The diplomatic effort follows several months of meetings between US and Iranian representatives, many of which ended without agreement and were accompanied by mutual threats. Brazil's statement also recalled its earlier concern in February, when it condemned the US attack on Iran and warned that coordinated military action during negotiations could undermine any settlement. That background underlines why the new memorandum is being watched closely by governments and markets alike.

What remains unclear is how quickly the terms will be implemented and whether both sides will comply in practice. The supplied report does not give a timetable for sanctions relief, shipping changes or verification measures. The next developments to watch are whether attacks stop, whether transit through Hormuz resumes without disruption, and whether the memorandum leads to broader ceasefire arrangements.

360LiveNews 360LiveNews | 19 Jun 2026 03:30 LONDON
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