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Tehran, Iran The world let out a collective sigh of relief when the United States and Iran announced that the memorandum of understanding had agreed to end the nearly four-month war on Sunday. But on the streets of Tehran – tired of years of sanctions and conflict – the ceasefire announcement did little to inspire confidence that the crisis was over.
The agreement between the two sides, to be signed on Fridayit seems to be ready reopen the Strait of Hormuzwhich has been closely monitored by Iran since the war began on February 28, which is expected to stabilize the energy markets. Instead, the US will lift the naval blockade on Iran’s southern ports, which has squeezed Iran’s already troubled economy.
Many important and difficult issues remain to be resolved, such as the future of Iran’s nuclear program, US sanctions, and Tehran’s frozen economy. That could be delayed until another day, raising doubts among many in Iran that the long-term resolution will be finalized.
“I think the agreement is not of much benefit to the people because it will not be implemented enough to bring stability to our lives,” said Parisa, a university student in Tehran, who only used her first name for security reasons. “It might work for now, but both sides will take risks based on their interests.”
Mehdi, another resident of the capital, said he was not optimistic that the ceasefire would last long because of the number of issues that were still being discussed.
“I don’t think the US is ready to accept even the smallest of Iran’s demands,” he said.
The Iranians say the long-term deal has not been met, brutally US and United Nations sanctions – which has impoverished Iran and isolated its businesses from international markets – must be removed. There is the issue of billions of dollars of frozen Iranian assets and Tehran’s demands to pay for ships to cross the Strait of Hormuz. The US and many other countries are insisting on free passage through the waterway.
The understanding reached even in the recent exchange of fire between Iran and the US, with Israel rejecting the agreement. Israel’s bombardment of areas in Beirut on Sunday, which has been red hot in Tehran, threatens to derail the deal and return the region to conflict.
The early stages of the deal have also been frustrated by the insistence of the Iranians, who want the government to take part in the talks and can drop anything they want.
Iran held off on announcing the deal until midnight local time on Monday, trying to ensure that the news did not fall on US President Donald Trump’s birthday on Sunday. The time difference with the US still allowed Washington to announce the agreement on Sunday, as Trump’s promises.
On Monday in Tehran’s Valiasr Square, authorities unveiled a large black portrait of Supreme Leader Ayatollah Ali Khamenei, who is to be buried in July and has always advocated distrust of the United States.
At nightly rallies of pro-government forces in town halls and streets across the country, many have complained that Iran has failed to retaliate against the US for the assassination of Khamenei on February 28 and rejected any acknowledgment from Washington. Others have criticized the negotiating team and security officials.
Some believe that in the coming months the war will resume, so Tehran should retain the power it gained after more than 100 days of fighting with the US and Israel.
“In my opinion, the agreement will not end; the US will break it again.” It is better that we remain firm in our position, for example, continue to close the Strait of Hormuz and do not allow it to open,” a pro-government woman named Mohadese told Al Jazeera.

The agreement also includes a moratorium on military operations on all sides, including in Lebanon, which Tehran has insisted must be fulfilled by the deal.
Mohammad Bagher Zolghadr, the secretary of Iran’s Supreme National Security Council, promised on Sunday night that “the solution to the Islamic militants is near” after Israel attacked Beirut. But a few hours later, the top decision-making body confirmed the agreement with the US, and no retaliation took place.
Iranian media reported that Trump had agreed to immediately lift the naval blockade, instead of the more than 30 days previously negotiated, so that Iran would stop any retaliatory strikes against Israel.
Israeli Prime Minister Benjamin Netanyahu is being criticized by the opposition, who see the deal as a failure in the country. Israel’s Defense Minister Katz said the country has no plans to withdraw troops from Lebanon, Syria or the Gaza Strip, and will retaliate strongly if Iran attacks.
The official documents of the Iran-US agreement have not been published, but both sides are already trying to make the agreement a success.
Iran’s state television, announcing the agreement, said, “The US was forced to sign an agreement to end the war with the Islamic Republic and the axis of resistance”.
Meanwhile, the Iranians Markets are welcome the prospect of an end to direct hostilities and the potential benefits of lifting the US blockade will have an impact on the availability and value of imports.
The country’s currency strengthened on Monday for the third day since the start of the working week in Iran, changing hands at about 1.61 million rials per US dollar. It was down from about 1.9 million last month.
The price of gold coins continued to rise in Tehran on Monday, as the main market again increased its momentum, with the Tehran Stock Exchange index reaching a new level of almost five million by the end of trading on Monday. We hope that the end of the blockade on Iran’s ports, the lifting of sanctions, and the stabilization of the economy will also boost the country’s economy, but this will depend on many factors, many of which are beyond Tehran’s control.