A senior US official told Reuters that President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf signed a memorandum of understanding between the countries. The official added that details of the agreement will be released within 24 to 48 hours and that it will include the immediate opening of the Strait of Hormuz and the lifting of the American blockade on it, unfreezing of Iranian funds and easing of sanctions. According to the source, the US intends to maintain the current military force posture during the next phase of negotiations and will consider reducing forces only after a final agreement is signed.