BlockBeats News, June 18th – The Prime Minister of Pakistan announced today that the U.S. and Iran have electronically signed the historically significant Islamabad Memorandum of Understanding. The memorandum was co-signed by the two Presidents and approved by me as the mediator. The high-level agreement between the two governments indicates their commitment to resolving conflicts through diplomatic means. The Islamabad Memorandum of Understanding will take immediate effect, and as a first step, Iran will promptly reopen the Strait of Hormuz, and the U.S. will lift the naval blockade. With the support of Qatar, Pakistan will hold an official ceremony in Switzerland on June 19, 2026, to commemorate this important event and initiate technical-level talks. (Xinhua)