Good morning. President Trump is now on his way to the G7 summit in France after announcing a diplomatic breakthrough.

More than 15 weeks into this war, the U.S. and Iran say they have reached a framework that will reopen the Strait of Hormuz and end the U.S. blockade on Iran's ports and paved the way for the much harder and more complicated, complex, technical, important talks on the

nuclear issue ahead. A signing is set for Friday in Geneva, but already there are conflicting

accounts of what happens, well, after that, literally after the signing. Iran says a 60-day period of

nuclear negotiations will begin only when the U.S. releases billions of dollars of its frozen funds.

But a U.S. official says no funds will be released before Iran follows through on its own

commitments. Adding to the unknowns this morning, Israel. Iran says that the agreement includes an end

to the conflict in Lebanon. Israel's defense minister just spoke out today saying that the IDF is not withdrawing, though,

from southern Lebanon.

And just before the agreement was announced, Israel hit Beirut.

A U.S. official says that, that move angered President Trump.

And he told Axius of Israeli Prime Minister Benjamin Netanyahu, quote,

he has no effing judgment.

Good thing when a conflict ends.

This is one that's really harmed the global economy.

So if the straight of foremost is reopened,

and that seems to be the basic top line of this deal.

That will be a good thing for the global economy.

It is a long way to go for what appears to be very little in terms of locked-in promises from Iran.

It does look very similar to the JCPOA, which Trump scrapped. Some of the

provisions may even be somewhat weaker. It's hard to tell because we're just going to begin those

negotiations this week and over the next 60 days. But I think in some ways, the thing that's most important but seems most unrealistic in this

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