The US and Iran signed a 14-point Memorandum of Understanding at the G7 summit to end the Middle East war. The deal instantly reopens the Strait of Hormuz (handling ~25% of global oil trade) and lifts the US naval blockade, with full force withdrawal within 30 days. This is critical for global energy security and regional stability.
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- ›Date of Signing: June 17, 2026
- ›Venue: G7 Summit, Evian-les-Bains, France
- ›Target this Data: 14-point MoU signed on June 17, 2026 at G7 summit in Evian-les-Bains, France
- ›Target this Nodal Body: Strait of Hormuz (chokepoint for ~25% of global oil trade)
- ›Target this Legal Point: Memorandum of Understanding (MoU) between US and Iran
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