memorandum of understanding

Iran claims it honored the Hormuz ceasefire agreement, while the U.S. warns of consequences for Iran's interference in shipping.

An Iranian member of parliament said on live state television that Khamenei opposed contacts with the United States and that his conditions were left out of the memorandum of understanding. Minutes after he began revealing classified documents, the program was abruptly taken off the air.

President Donald Trump briefly addressed the memorandum of understanding with Iran, which is set to be formally signed in Switzerland on Friday. He stressed: "It’s a good deal. But if Iran develops nuclear weapons, all hell will come down on them."