New details emerge about U.S.-Iran framework: Here's what to know

Summary

CNBC's Megan Cassella reports from Geneva on newly published details of a U.S.-Iran memorandum of understanding that includes an end to the war, lifting of blockades, reopening of the Strait of Hormuz, $300 billion in financing for Iran, and a 60-day window for final nuclear negotiations. President Trump warned that the U.S. could return to bombing if talks don't go as he likes.

• A 14-point MOU between the U.S. and Iran has been published by Bloomberg, CNN and others; it calls for an end to the war on all fronts including Lebanon.
• The document includes lifting of blockades and reopening of the Strait of Hormuz.
• $300 billion in financing for Iran's economic development is mentioned, with U.S. officials saying no government money would be used.
• Nuclear issues, including enriched material, are deferred to a final agreement to be negotiated within 60 days, extendable by mutual consent.
• The White House is pushing back on the published document, saying it does not reflect the actual MOU, and says it will release the real version soon.
• President Trump said if he does not like the way talks go, the U.S. will go back to shooting and dropping bombs on Iran.
• A press conference is expected later today where Trump may address criticism.