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🔴The MOU was signed in Islamabad, a temporary peace was also signed, but the hardest part is only just beginning.
Iran will be granted access to $6B frozen funds in Qatar to purchase U.S. goods. This money will be released in installments, with accompanying conditions that Hormuz must be reopened and U.S.-Iran negotiations must continue to make progress.
The flow of oil through Hormuz is rising again following the agreement. The number of ships moving through the strait has increased to 26 ships, including 13 ships entering and 13 ships leaving.
Even though the agreement has been signed, it is being viewed with suspicion by the entire world, because Israel did not take part in signing and ignored clause number 1. I think the 60-day MOU will soon be broken, and the war is likely to heat up again in Q3/2026.