US and Iran sign initial agreement to end war but tougher talks lie ahead. Israel sees it as ‘catastrophic capitulation’—AND MORE

CNN: President Donald Trump signed a copy of the US-Iran agreement at the Palace of Versailles in France, concluding his G7 trip. The US then sent a photo of the signed agreement to the Iranians, a US official said. The document was then signed by Iranian President Masoud Pezeshkian.

What comes next: The agreement commits the US and Iran to achieving a final deal within 60 days. It also says the US will issue waivers so Iran will be able to export oil and spells out provisions for reopening the Strait of Hormuz. It also commits the US and regional partners to developing a $300 billion reconstruction fund for Iran…

Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal

An initial agreement by the United States and Iran to halt their war grants Iran major economic benefits while delaying, for now, the thorniest areas of disagreement between the two countries and the toughest concessions Iran would have to eventually make on its nuclear program…

Israel, Stunned by Trump’s Iran Deal, Sees It as a ‘Catastrophic Capitulation’

Analysts said the agreement accomplishes none of Israel’s war aims and leaves the country in worse shape on each of them…

First tankers cross strait after Iran deal; Israeli strikes stir doubt in Lebanon

Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to ​end the war that has disrupted global energy supplies.

But in Lebanon, where more than a million people are displaced by the fighting, Israeli forces launched fresh airstrikes on ‌Thursday morning, raising doubt about how far Trump will go to force his wartime allies to halt an offensive he has now pledged to end…

Deal Gives Iran Chance to Turbocharge Its Oil Revenue

Iran could earn more than $60 billion in annual sales based on its prewar production levels and current prices…

Trump Demanded Iran’s ‘Unconditional Surrender.’ He Got a Surprise Instead.

While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world’s most powerful military having proved they can use economic chaos as a weapon…

An Annotated Analysis of Trump’s Iran Deal

Official agreement envisages trade relief for opening the Strait of Hormuz and limits on Iran’s nuclear program…

The 14-point US-Iran peace plan, annotated

But at less than 800 words in English, the 14-point outline leaves a lot of details for later, including the touchy subject of Iran’s nuclear program. But it does promise Iran a lot of money – by lifting sanctions so Iran can sell its oil to the world, but also potentially giving Iran access to billions in frozen assets and $300 billion in financing…

Trump’s Deal With Iran Opens New Rifts in G.O.P.

“Reagan is rolling over in his grave,” Senator Bill Cassidy, a Louisiana Republican who lost in a primary last month after Mr. Trump targeted him for defeat, wrote on social media. He said that Iran’s nuclear ambitions “were not curbed” and that the country had learned that it could leverage the Strait of Hormuz, the oil shipping corridor that has been closed during the war and is set to reopen under the deal, to extract concessions…

US Banks Face Scrutiny in DOJ Probe of Iran Supreme Leader’s Money Flows

The US Justice Department is conducting a probe into how Iran’s Supreme Leader Mojtaba Khamenei built a global investment portfolio with exposure to Wall Street banks.

Investigators are examining transactions, including the role of US correspondent banks, and the possible involvement of American financial institutions, such as JPMorgan Chase & Co and Citigroup Inc.

The probe is part of a broad examination into allegations of money laundering and corruption, and is also studying property-related payments made by Khamenei’s network to global brands, including Hilton Worldwide Holdings Inc…

Trump’s Iran agreement may be a dud, but he’s getting what he wants

But there’s a big reason why some Republicans are so critical — including former Vice President Mike Pence, who on Tuesday told CNN’s Kaitlan Collins the emerging agreement felt like “appeasement.”

By paying such a high price to stop the fighting, Trump is effectively sending a message, not just to Iran but to other adversaries, that Washington’s resolve in military conflicts can be undermined if they find ways to turn up political heat through economic warfare…

For Iran’s leaders, surviving the war may prove easier than winning the peace

Experts say the regime’s sense of triumph could quickly dissipate, however, if it fails to convert its wartime success into gains at home, which could require curbing hardliners’ appetite for continued conflict…

Iran war fuel spikes lift Europe’s EV sales again, but growth may not last

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