Al-Monitor and Washington Examiner report that the United States and Iran signed a memorandum of understanding last week to conclude fighting that began in February. Iranian official Mohammad Bagher Ghalibaf described the accord as a U.S. defeat achieved through resistance, while Israeli leaders stated they will not withdraw forces from southern Lebanon. The agreement is presented as facilitating transit through the Strait of Hormuz, which carries one-fifth of global oil and liquefied natural gas supplies.