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The Memo: Trump announces ‘great settlement’ on Iran, but the world awaits details

  • President Trump announced an imminent “great settlement” with Iran, saying a signing could happen soon in Europe and that multiple countries back it.
  • Financial markets jumped on the news, but Iranian officials called the claims “speculative” and gave no confirmation.
  • The White House described the arrangement as a memorandum of understanding — not a final deal — and Israel says it isn’t a party, leaving key details unresolved.
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