War and dialogue

Trump lifts sanctions on Iranian ports and is banking on ‘swift negotiations’

The memorandum is due to be signed in Switzerland on Friday, followed by the start of talks on Hormuz and the nuclear issue. The US President criticises Netanyahu: ‘Too many deaths in Lebanon’

by Luca Veronese

In attesa di passare. Navi mercantili nel Golfo Persico, vicino allo Stretto di Hormuz REUTERS

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

The United States has lifted the military blockade of Iranian ports. This is the first concrete step – confirmed by the government in Tehran – towards the full reopening of the Strait of Hormuz. And it is the clearest evidence yet that Donald Trump is banking on negotiations with the Ayatollahs’ regime, which are set to begin following the signing of the memorandum of understanding on Friday in Switzerland.

Speaking at the G7 summit, the US President expressed great optimism regarding the crisis in the Middle East: “Iran,” he said, “wants to reach an agreement. They need to get back to business, so I think we’ll reach a conclusion fairly quickly; in the meantime, they’ve already started clearing mines from the Strait.”

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“The naval blockade was lifted before the official signing,” said Iran’s Deputy Foreign Minister, Majid Takht-Ravanchi, who described the end of the blockade as “one of the key conditions for starting negotiations”.

The memorandum of understanding between the United States and Iran is to be signed on Friday at the Burgenstock resort in the canton of Nidwalden on Lake Lucerne, in Switzerland. It is a short, very general document setting out a ceasefire and the reopening of the Strait of Hormuz. However, it defers to negotiations over the next two months any discussion of the issues over which the US and Israel sparked the war: Iran’s nuclear programme, Iran’s military support for armed militias in the region, international sanctions against the regime in Tehran, and the freezing of Iranian assets abroad. Over the course of these three and a half months of war, the closure of the Strait of Hormuz – with the resulting global energy crisis – and Israel’s offensive against Hezbollah in Lebanon have further inflamed the region.

Trump, however, seemed eager to reveal the contents of the memorandum, reiterating that ‘what matters most of all is that Iran has renounced nuclear weapons’. The US President said that “within a couple of days” he would make public the full text of the memorandum reached with Iran. He also hinted that, to avoid misinterpretations, he might read out the full text of the memorandum himself in front of the cameras.

During a meeting with the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on the sidelines of the G7 summit in France, Trump indicated that he wanted ‘an official framework’ for releasing the document: ‘I have no problem publishing it; it’s a great deal,’ he said. He then said he would send the text to Parliament for review and that he might hold a press conference to explain the document ‘word for word’.

According to sources close to the US government cited by the Wall Street Journal, the United States – as a sign of further openness and to confirm the end of port inspections – is expected to allow Iran to begin exporting oil and fuel immediately after the memorandum is signed, thereby also offering Tehran a significant financial incentive to end the conflict.

Also at the G7 summit, Trump sought to deny rumours reported by the Financial Times that the US administration was considering setting up a $300 billion fund for Iran if the Ayatollahs’ regime were to give up its nuclear programme. “Iran has agreed to have nuclear weapons. We are not paying Tehran; it is fake news spread by the Democrats,” said Trump.

On the Iranian side, Foreign Minister Abbas Araghchi stated that the forthcoming negotiations will be divided into two phases. The first will concern the Strait of Hormuz (Iran is insisting on a toll) and reconstruction, whilst ‘the next phase will focus on the nuclear issue and sanctions’.

The negotiations are also being jeopardised by attacks carried out by Israeli forces in Lebanon. “I’m not happy with what Israel has done with regard to Lebanon and Hezbollah,” Trump added, explaining that “Israeli Prime Minister Benjamin Netanyahu must act more responsibly towards Lebanon”.

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