President Donald Trump's declaration that the war with Iran is effectively over is running into a different version of events from Tehran. Iranian state-affiliated media has published what it says are key terms from a memorandum of understanding between the two sides, and the details suggest a deal that looks considerably less settled than the one being described in Washington.
The gap is more than a matter of wording. Markets, shipping companies and regional governments are already treating the arrangement as a fragile ceasefire with major questions still unanswered, while both sides appear to be presenting different interpretations of some of its most important provisions.
