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OKIsItJustMe

(22,354 posts)
25. What to know about the deal to end the Iran war
Mon Jun 15, 2026, 02:29 PM
Yesterday
https://apnews.com/article/iran-war-us-pakistan-ceasefire-what-to-know-949710df39e3f1033cbb6beda3955814
By MUNIR AHMED and LEE KEATH
Updated 1:40 PM EDT, June 15, 2026

ISLAMABAD (AP) — Iran and the United States are trumpeting their tentative agreement aimed at ending their war as a victory. But so far there is no word on what’s actually in it.

The memorandum of understanding, brokered mainly by Pakistan, starts with the simultaneous lifting of Iran’s closure of the Strait of Hormuz and the U.S. blockade of Iran’s ports, according to Pakistani officials. The two sides will then begin 60 days of negotiations over Iran’s nuclear program and the potential lifting of sanctions, they told the AP, speaking on condition of anonymity because the text is being kept confidential.

That would leave the adversaries more or less where they where they were 3 ½ months ago — before Israel and the U.S. on Feb. 28 launched their war on Iran, which has left thousands dead across the region, triggered a global energy crisis and shook the American economy with an inflation surge.

Much remains unknown, including whether the deal says anything about Iran’s missile program or support for its regional allies like Lebanon’s Hezbollah, two issues that the U.S. and Israel cited to justify the war. Another major question is how it addresses Lebanon: Israel and Hezbollah are not parties to the deal, and their fighting could blow up the arrangement.

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Probably one reason Trump agreed to an Iran ceasefire. Lonestarblue Yesterday #1
Yes, assuming the deal is even finalized and signed, which I am doubtful about LymphocyteLover Yesterday #13
Vance says deal has been 'digitally' signed OKIsItJustMe Yesterday #20
isn't it an MOU, not a final deal? LymphocyteLover Yesterday #22
What to know about the deal to end the Iran war OKIsItJustMe Yesterday #25
Doesn't the US produce oil from it's own sources as well as from Canada and Venezuela? ChicagoTeamster Yesterday #2
Yes it is, but... MarcoZandrini Yesterday #3
75% of US crude imports come from Canada, Mexico, and Colombia and 7% from Saudi Arabia. ChicagoTeamster Yesterday #27
Each source of crude oil has different characteristics. WestMichRad Yesterday #4
"So a given refinery is pretty much locked in to use a single source of crude, or that from a very limited number..." OldBaldy1701E Yesterday #6
They know how to process all of the different grades of oil. They are doing it right now, in other countries. 3Hotdogs Yesterday #9
Deliberate for a financial reason Random Boomer Yesterday #10
It is untrue that U.S. refineries cannot process light sweet crude lonely bird Yesterday #15
Those in power don't want the public know what you explained in your post-it shows how well our Stargazer99 Yesterday #16
Say what? Random Boomer Yesterday #18
Tne general public does not know the dynamics of oil supply and therefore easier to manipulate Stargazer99 Yesterday #21
It's a pretty complex mixture to clean up WestMichRad Yesterday #24
Yes but oil is priced on the global market LymphocyteLover Yesterday #23
Reading between the lines what the oil industry executives are telling us....... KS Toronado Yesterday #5
This FalloutShelter Yesterday #7
in fact, it is likely to go up a lot because this Iran deal looks like it's going nowhere LymphocyteLover Yesterday #11
EXACTLY!!! Otherwise known as "we're getting richer, and fuck you!" niyad Yesterday #14
I have seen mention several times that gas prices will spike about July 4th... IthinkThereforeIAM Yesterday #19
And big oil profits will stay high. multigraincracker Yesterday #8
ANY statement prefaced... GiqueCee Yesterday #12
Opening the Strait is a very small part of the matter AverageOldGuy Yesterday #17
I don't think so WSHazel Yesterday #26
Latest Discussions»Issue Forums»Environment & Energy»Oil executives send a blu...»Reply #25