CoinEx News: U.S. President Trump said at the G7 summit on June 17 that the US-Iran deal “is not final” and described it as a memorandum of understanding. In simple terms, an MoU is a written framework for future talks, not a final peace deal. The current US-Iran MoU extends the ceasefire, reopens the Strait of Hormuz, and starts a 60-day negotiation period on Iran’s nuclear program and sanctions.

For markets, this means tensions have cooled but the risk has not gone away. Oil prices have moved lower as traders price in short-term relief, but the deal can still break down before a binding agreement is signed. Crypto traders should treat this as a temporary macro relief signal, not a full risk reset. If talks fail, oil volatility and geopolitical risk could return quickly and pressure risk assets such as BTC and ETH.