'The Deal's All Signed,' Trump Says at G7

The digital ink is dry on a US-Iran framework, President Trump and other US officials said Monday, that he contends will have the Strait of Hormuz "completely open" by Friday. Arriving at the G7 summit in Évian, Trump touted a memorandum of understanding calling for the US naval blockade to be lifted in exchange for reopening the key oil chokepoint, the Guardian reports. Trump and Vice President JD Vance electronically signed the deal, as did Mohammad Bagher Ghalibaf, Iran's lead negotiator, per the New York Times. Pakistan said a ceremonial signing will be held Friday in Geneva; Trump did not commit to attending but said Vance would.

Little information about the agreement has been released. Vance told CNBC that administration negotiators have "very important details to figure out" in the next phase of the talks. Those details include how the US wants Iran to dispose of its highly enriched uranium. "It's been nearly 24 hours since Trump announced there was a potential deal with Iran, and we still don't know the details," Senate Minority Leader Chuck Schumer said, per CBS News. Trump told reporters in France that the text might not be released until after Friday. "This is a very powerful document and I want it to be released," he said. "So probably pretty soon."