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Observation
On 15 June 2026, U.S. and Iranian officials disclosed a preliminary memorandum of understanding to extend a ceasefire for 60 days, reopen the Strait of Hormuz, and create a framework for talks that include Iran’s nuclear program. Details remain limited and some accounts differ on implementation. Several outlets report a ceremonial signing as early as Friday, 19 June, in Geneva, but the text has not been released. (marketscreener.com)
