US lifts naval blockade as Iran's supreme leader says Trump made deal 'out of desperation'
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US lifts naval blockade as Iran's supreme leader says Trump made deal 'out of desperation'

Yahoo News Canada nation

Key Points:

  • The US has ended its naval blockade of Iran following a signed agreement to cease hostilities in the Middle East, with some US vessels remaining nearby as a precaution.
  • Iran's Supreme Leader Mojtaba Khamenei approved the deal despite reservations, emphasizing future negotiations will not mean acceptance of US positions, while President Trump highlighted expectations for a broad ceasefire including Israel and Hezbollah.
  • The deal includes 14 core points such as reopening the Strait of Hormuz, preventing Iran from acquiring nuclear weapons, and establishing a $300 billion fund for Iran's reconstruction, with a 60-day timeline for finalizing the agreement.
  • The signing ceremony planned in Switzerland was canceled as the deal was signed remotely; US Vice-President JD Vance indicated forthcoming technical talks, stressing that Iran must meet obligations like destroying enriched uranium stockpiles to receive benefits.
  • The agreement has drawn criticism from some US Republicans and Israeli officials, who argue it fails to curb Iran's nuclear ambitions; however, Vance defended the deal as beneficial and urged Israeli critics to support the US-Iran peace process.

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