Don’t Open the Champagne Yet: The U.S.-Iran Memorandum Is a Ceasefire Framework, Not a Peace Settlement
The announcement of the reported 14-point U.S.-Iran Memorandum of Understanding (MoU) has generated understandable optimism across financial markets, energy markets, and diplomatic circles. The document outlines a pathway toward de-escalation after a period of heightened regional tensions, reopening critical maritime routes and launching negotiations toward a broader agreement between Washington and Tehran. However, despite the […]
