US‑Iran Memorandum of Understanding: 12 Key Points Explained

Thu Jun 18 2026 05:25:17 GMT+0000 (Coordinated Universal Time)

A concise guide to the 14‑point US‑Iran agreement that sets the stage for détente, sanctions relief, and a potential future nuclear deal.

The United States and Iran have signed a 14‑point Memorandum of Understanding (MoU) that promises a ceasefire, the reopening of the Strait of Hormuz, an $300 billion reconstruction fund, and the lifting of sanctions—all contingent on Iran’s compliance. The MoU contains explicit commitments on nuclear non‑proliferation, freedom of navigation, and a phased plan for final negotiations, with a 60‑day deadline for a comprehensive deal. While the agreement still leaves many details unresolved, it marks a historic shift in diplomatic posture and lays out the framework for deeper engagement.

US‑Iran Memorandum of Understanding: 12 Key Points Explained

On 17 June 2026, President Donald Trump and Iranian President Masoud Pezeshkian signed a 14‑point Memorandum of Understanding (MoU) that promises to end the current conflict and set a framework for future cooperation.

1. Immediate and Permanent Ceasefire

The MoU calls for an immediate halt to all military operations between the two sides, including the situation in Lebanon. Both parties agree to refrain from initiating hostilities or political provocations and respect each other’s territorial integrity.

2. Respect for Internal Affairs

Official statements stress that the US and Iran will not interfere in each other’s domestic politics, a move that may unsettle Iranian opposition groups that have sought external support.

3. 60‑Day Negotiation Window

Both sides agree to negotiate a full agreement within 60 days of the MoU signing, with the possibility of extensions by mutual consent.

4. Lifting of the US Naval Blockade

The US will start removing naval restrictions on Iranian ports immediately, with a full lift expected within 30 days. This move is designed to restore traffic in the Strait of Hormuz.

5. Freedom of the Strait of Hormuz

Iran commits to allowing commercial vessels to transit the Strait without charge, aiming to reopen this vital shipping lane that has been closed since the war began.

6. $300 billion Reconstruction Fund

The MoU lays out a plan for at least $300 billion in aid for Iranian reconstruction, though the US is not required to contribute directly. The fund will be agreed upon within the same 60‑day window.

7. Sanctions Relief

All economic sanctions on Iran, including UN and unilateral restrictions, will be lifted progressively, with the intention that the timing aligns with Iran’s compliance on nuclear issues.

8. No Nuclear Weapons

Iran pledges not to seek or acquire nuclear weapons. The resolution of Iran’s enriched uranium stockpile will be managed under IAEA oversight, a condition considered a “major win” by U.S. officials.

9‑10. Status Quo on Nuclear Program

In the interim, both parties agree to maintain the current nuclear status quo. The U.S. will issue waivers for the export of oil and related services, while new sanctions will remain on hold.

11. Release of Frozen Assets

The MoU commits to freeing Uzbekistan’s frozen funds after signing, with procedures to be sorted out during negotiations.

12‑14. Monitoring and Final Negotiations

A monitoring mechanism will be established to track implementation. The MoU signals that a final, legally binding deal—ratified through a UN Security Council resolution—will emerge after the MoU’s effective period.

While the agreement marks a significant diplomatic advance, its many unclosed issues mean the world will watch closely as negotiations progress. The next steps involve detailed planning, compliance verification, and potential de‑mining of the Strait, all to be finalized within the promised timelines.