President Donald Trump and Iranian officials have signed a 14-point memorandum of understanding to implement a 60-day ceasefire and de-escalate regional tensions.The agreement mandates that Iran down-blend uranium stockpiles in exchange for the removal of the US naval blockade and the restoration of oil exports.Both nations are committed to reopening the Strait of Hormuz and establishing a 300 billion dollar reconstruction fund while negotiating a final nuclear treaty.Vice President
JD Vance will travel to
Switzerland to attend the formal signing of the document which aims to stabilize the Middle East region.