On Wednesday evening, the United States and Iran signed an agreement electronically with a view to a final peace agreement within 60 days. What terms did the two parties agree on?
Iran and the United States sign a peace agreement
On February 28, the Israeli-American attack which led to the death of Ali Khamenei led to an explosion in oil prices. This set the Middle East ablaze and led to the near-closure of the Strait of Hormuz, while the United States was drawn into a conflict far more difficult than expected.
Despite numerous threats, Donald Trump ended up admitting to the fact that he signed an agreement that was less advantageous than expected. This was announced on Sunday and materialized on Wednesday evening with a “ signature électronique HAS”. The signing ceremony was to take place on Friday, but Donald Trump ultimately signed this agreement as part of a state dinner in Versailles.
Now both sides have 60 days to negotiate the terms of the final agreement. In broad terms, we can already cite what the two countries have agreed on.
This includes in particular the end of hostilities, respect for the sovereignty and territorial integrity of everyone, including Lebanon. The Strait of Hormuz will be fully reopened, free of charge and cleared of mines by Iran within 30 days.
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For its part, Iran undertakes not to develop or obtain nuclear weapons, while an agreement must be found regarding enriched materials present locally. For their part, the United States undertakes to lift all sanctions imposed on the regime.
An important point concerns the reconstruction and economic development of the country, because the United States, with the help of its local partners, is committing up to 300 billion dollars, which could also strengthen the power of the American debt on a global scale.
In addition, frozen Iranian assets will be unblocked, while the country will be able to export its oil again.
If this outcome seems to offer a lesson to the United States, which has once again taken itself for the saviors of the world, the Iranian people remain largely absent from this agreement. Indeed, a significant part of the population no longer wants this Islamic regime and will once again be left to its own devices. If the start of the conflict suggested a change of government, nothing is now less certain.
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At the same time as writing these lines, oil continues its correction. Thus, the barrel of Brent trades at 77.6 dollars per unit, compared to 74.17 for that of WTI, i.e. levels slightly higher than those at the start of hostilities.
While the interests of the West seem to be preserved, it will be necessary to remain attentive to the fate of local populations.
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Source : Axios
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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential personalities in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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