US, Iran electronically sign MoU to end war

The United States and Iran have electronically signed a memorandum of understanding aimed at ending the war, reported Xinhua, quoting U.S. media on Monday.

The memorandum was virtually signed by U.S. President Donald Trump, U.S. Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf, according to reports.

The terms of the memorandum are expected to be made public within the next 24 to 48 hours, a senior official was quoted as saying.

The memorandum is expected to be formally signed in Switzerland on June 19.

Earlier on Monday, Trump said on his Truth Social that ships loaded up with oil have started to move out of the Strait of Hormuz.

Trump said Sunday a deal with Iran was reached, shortly after Pakistani Prime Minister Shehbaz Sharif announced the news on X.

Meanwhile, Iranian Foreign Minister Seyed Abbas Araghchi said on Monday the first round of negotiations on a final agreement between Iran and the United States will be held after the signing of a memorandum of understanding (MoU) between them in Switzerland on Friday.

Araghchi made the remarks after his meeting with members of the Iranian parliament's economic committee in the capital Tehran one day after the MoU was reached between Tehran and Washington, the state-run IRIB news agency reported.

He said a meeting will probably be held between the heads of two sides' delegations on Friday.

Araghchi said Iran finalized the MoU with the United States on Sunday night, noting that the implementation of part of the MoU begins as of today, and the other part will begin on Friday following the signing.

He said the negotiations on a final agreement were scheduled to take place within a 60-day period, which could be extended, stressing that Iran's nuclear program and the removal of sanctions will be discussed during the 60-day negotiations.

He said the agreement could lead to economic breakthroughs for Iran, emphasizing that, however, "we should not tie our economy to such economic agreements through negotiations with the United States."

Also on Monday, Iranian President Masoud Pezeshkian said the country's negotiating team will in no way deviate from the frameworks and policies set by Iran's Supreme Leader Mojtaba Khamenei, the official news agency IRNA reported.

Iran's FM briefs Lebanese officials on details of MoU with US

Iranian Foreign Minister Seyed Abbas Araghchi on Monday briefed Lebanese officials on the details of the memorandum of understanding (MoU) between Iran and the United States.

In separate phone calls with Lebanese President Joseph Aoun and Parliament Speaker Nabih Berri, Araghchi explained about the MoU's provisions, especially those pertaining to Lebanon, according to a statement released by the Iranian Foreign Ministry.

He highlighted Iran's efforts and determination to end the war and "aggression" against Lebanon, stressing the U.S. responsibility for the proper implementation of the MoU's provisions.

Araghchi also underlined the need for the complete cessation of Israeli attacks against Lebanon.

The Lebanese president and parliament speaker welcomed the MoU's provisions, emphasizing that Lebanon's stability and security are inseparable parts of any serious effort to ensure stability in the region.

The United States, Pakistan and Iran early Monday announced the finalization of the MoU on ending the war following weeks of negotiations, adding that it will be officially signed in Switzerland on Friday.

On Feb. 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region.