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00:02President Trump declared the U.S.-Iran interim deal done and moving to a second stage,
00:07though full details have not been made public, according to Reuters.
00:10The agreement extends an April ceasefire by 60 days and reopens the Strait of Hormuz,
00:16which Iran has blocked since the U.S. and Israel attacked Iran in February.
00:20Vice President J.D. Vance called the signed memorandum a very general document
00:24that includes a sanctions relief package for Iran.
00:27Iranian President Masoud Pazeshkian called the interim agreement
00:31an important step toward ending the fighting,
00:34but said a final lasting truce has not yet been reached.
00:37Negotiators will tackle Iran's nuclear program and other difficult issues in the next phase of talks,
00:42set to begin in Switzerland on Friday, following the formal signing of the framework deal.
00:47Shippers warned that a return to normal traffic through the Strait could take weeks,
00:51partly due to concerns over mines.
00:53The conflict in Lebanon remains unresolved, with Israel refusing to withdraw its forces.
00:58For all things money, visit Benzinga.com.
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