S&P 500 ▲ 7,365.12 · Brent ▲ $101.96 · Gold ▲ $4,706.50 · VIX ▲ 17.4 · 10Y UST ▼ 4.36%
Washington and Tehran are close to a 14-point memorandum of understanding that would end the war and reopen Hormuz. The one-page text proposes a 12-to-15-year enrichment moratorium and sanctions relief, but parks every contested issue into a 30-day negotiating period w…