'Let the oil flow!': Can US and Iran actually strike lasting deal?

Article excerpt

Donald Trump announced a memorandum of understanding with Iran on his 80th birthday, calling for oil markets to open up between the nations. The U.S. president plans to formalize the deal at a signing ceremony in Switzerland next Friday, scheduled during a G7 summit on the French side of Lake Geneva. The agreement marks a dramatic shift from Trump's previous "maximum pressure" stance toward Iran, though skeptics question whether the memorandum represents a durable resolution to decades of tension or merely a symbolic gesture aimed at reshaping his legacy.