The missing half of mediation
- The memorandum of understanding (MoU) between the United States and Iran, signed on June 17, briefly appeared to have achieved what weeks of military confrontation had not.
- It extended the ceasefire, reopened a path back to negotiations and offered the prospect of restoring stability to one of the world’s most strategically important regions.
- Commercial shipping through the Strait of Hormuz, which carries roughly a fifth of global oil trade, began to recover.
Unverified
- The memorandum of understanding (MoU) between the United States and Iran, signed on June 17, briefly appeared to have achieved what weeks of military confrontation had not.
- It extended the ceasefire, reopened a path back to negotiations and offered the prospect of restoring stability to one of the world’s most strategically important regions.
- Commercial shipping through the Strait of Hormuz, which carries roughly a fifth of global oil trade, began to recover.
Sources: Al Jazeera