The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran.

Brent crude and WTI prices were gaining after President Donald Trump warned the U.S.-Iran peace deal is still subject to change.

According to the text read out by US officials, Washington and Tehran agreed to discuss a mechanism for addressing Iran’s existing stocks of enriched uranium.

Iran has said the deal requires a full cessation of hostilities there. Israel says it retains the right to act militarily.

President Donald Trump has repeatedly criticized the 2015 deal with Iran under former President Obama. Now a deal is in the works. Are they different?

Add Yahoo as a preferred source to see more of our stories on Google. Cars and monocycles are seen traveling in front of a billboard displaying the Iranian flag on in Tehran, Iran, on Monday. - Majid ...