Here’s the biggest news you missed this weekend

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The United States and Iran have reached an agreement to end fighting and reopen the Strait of Hormuz, according to President Donald Trump and details of a draft memorandum of understanding released by Iranian state-affiliated media Sunday. The accord marks a significant diplomatic breakthrough between the two nations, which have been in conflict over regional tensions and maritime access. The Strait of Hormuz, a critical shipping lane through which roughly a fifth of the world's oil passes, had become a flashpoint in U.S.-Iran tensions. Details of the agreement remain limited, with the exact terms and implementation timeline still emerging. The development represents a notable shift in U.S.-Iran relations under the Trump administration.