00:00Washington and Tehran have signed a Memorandum of Understanding aimed at ending the conflict between the U.S., Israel and
00:07Iran.
00:08U.S. President Donald Trump, however, warns attacks will resume if Iran fails to honor its commitments.
00:15Under the deal, Iran will have to agree to dilute its unreached uranium stockpile in exchange for economic relief from
00:24U.S. sanctions.
00:24Washington says it will immediately waive oil export restrictions that have heavily impacted Iran's economy.
00:33The U.S. has also pledged to support a 300 billion U.S. dollar reconstruction fund backed by regional countries
00:40once a final agreement is reached on Iran's nuclear program.
00:45The current arrangement is temporary and is intended to create space for detailed and more negotiations over the coming months.
00:53U.S. and Iranian negotiators will now work towards a permanent agreement within 60 days, which Trump said could help
01:01bring stability to the Middle East and lower global oil prices.
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