General Discussion

According to Iranian and Arab sources Trump agreed to
-compensate Tehran by releasing blocked funds (at least $6 billion)
-lift sanctions
-remove American forces from around Iran (Iranian sources more specifically mention the naval assets in the region)
-lift the blockade
-ceasefire in all fronts including in Lebanon (basically allowing Tehran to rearm its proxy network and help Hizballah reasserts its control in Lebanon)
In exchange for
-gradual reopening of Strait of Hormuz with the transit remaining under Tehran’s management and control
-negotiations over other issues with no hard deadline (the 30-day negotiation window can be extended)
Washington has not denied any of these claims.
This is a total surrender, pretty symbolic if it is announced on Memorial Day.