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It is unclear exactly what is being by latest 'peace' deal with Iran

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The United States and Iran announced Sunday night that they had agreed to a 60-day ceasefire that will reopen the Strait of Hormuz and end the American naval blockade of Iranian ports. Whether this constitutes a victory for Washington or Tehran remains unclear, as both sides have provided wildly different accounts of what was conceded.

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Before anything else, let it be clear that this agreement is not a “peace deal.” Rather, it is only a legally nonbinding memo of understanding that will freeze hostilities on all fronts — including in Lebanon, where Israel is currently fighting Hezbollah, an Iranian-backed terrorist militia.

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Set to be ceremonially signed in Switzerland this Friday, the memo will allow Washington and Tehran to move forward on some issues (e.g. ending their respective blockades) while establishing a negotiating framework to tackle more complicated tensions over the next two months.

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