BlockBeats News, June 19th: The conflict between the United States and Iran may have paused, but the battle over who is the winner has just begun. Both countries are shaping the memorandum of understanding signed by their leaders on June 17th as their own victory.

Analysts believe that Iran, having obtained new sanction waivers and reconstruction funds, has gained the upper hand. In contrast, the United States has only managed to secure the reopening of the Strait of Hormuz, a waterway that was already operating normally before the war broke out. The U.S. has also made concessions on the Iran nuclear issue, but Tehran had previously made these concessions. The White House has issued a talking point memo to allies, aiming to frame this agreement as a political victory. (FxStreet)