AGP Executive Report
Last update: 7 hours agoUS-Iran Ceasefire & Hormuz Reopen: US President Donald Trump and Iran’s Masoud Pezeshkian signed a 14-point memorandum at Versailles after the G7, calling for an immediate and permanent halt to military operations “including in Lebanon,” plus a 60-day push for a final nuclear deal; Washington will lift its naval blockade within 30 days and Iran will ensure safe, toll-free commercial passage through the Strait of Hormuz for 60 days, with sanctions relief and oil-export waivers starting right away. Lebanon Clause Under Scrutiny: Iran says the MoU text explicitly mentions Lebanon, but Tehran also warned Israel has violated the Lebanon ceasefire dozens of times, threatening a “harsh response,” while Israel signals it will keep forces in “security zones.” $300bn Reconstruction Fund Debate: The reported $300bn reconstruction and development plan for Iran is drawing backlash in Washington over who pays and whether the US is offloading recovery costs. Switzerland Talks Without Ceremony: Iran cancelled a planned Switzerland ceremony, confirming only technical team meetings in Geneva/Burgstock to implement the pact. Market Watch: Oil-price expectations and Fed rate signals are moving global stocks, with investors watching whether Hormuz reopening brings faster relief.
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