U.S. to Decide on Iran Deal; Agreement Not Final, 60-Day Ceasefire Planned

AI Summary

At the G7 conference, U.S. President Donald Trump stated that the proposed Iran deal is 'not final' and warned of potential military action if dissatisfied. The signing of the memorandum of understanding aims to extend the U.S.-Iran ceasefire for 60 days, serving as a framework for future negotiations on Tehran's nuclear program. Additionally, three Iranian oil tankers passed through the U.S. Navy blockade in the Strait of Hormuz, marking the first outbound shipment in two months. These developments could influence market perceptions regarding geopolitical stability in the region.