The United States has released details of its 14-point memorandum of understanding with Iran. The proposed agreement includes ending fighting in Lebanon, creating a $300 billion fund for Iran’s “reconstruction and economic development,” and a commitment that Iran will not possess nuclear weapons.
The two countries have 60 days to reach a final agreement. During the G7 summit, US President Donald Trump warned several times that America could restart bombing Iran if a deal is not reached.
Meanwhile, shares of SpaceX reportedly declined as investors reacted to developments in the company and wider markets.
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