Trump: The US and Iran have basically reached an agreement, or unfreeze $25 billion in assets
According to The New York Times, US President Trump stated that the US and Iran have "basically reached an agreement" that may include ending the conflict, reopening the Strait of Hormuz, and lifting some blockades. Iranian officials said they have agreed to a memorandum of understanding, which includes stopping multiple conflicts, restoring commercial navigation in the Strait of Hormuz without tolls, lifting the US maritime blockade, and releasing about $25 billion in frozen assets. The US side stated that the core of the agreement is that Iran agrees in principle to abandon its highly enriched uranium stockpile, and the specific handling method will be resolved through subsequent nuclear negotiations. The nuclear issue will continue to be discussed in the next 30 to 60 days.