[U.S. and Iran Reportedly Reach Memorandum of Understanding: End War, Open Strait, Release $25 Billion in Assets] According to a report by Golden Finance on May 24, citing *The New York Times*, Iran has agreed to a memorandum of understanding that includes halting combat on all fronts, including Lebanon, reopening the Strait of Hormuz, lifting the U.S. naval blockade, allowing free commercial passage, and releasing $25 billion in frozen Iranian assets. Nuclear issues will be negotiated separately within 30 to 60 days.