diplomacyWednesday, June 17, 20267 sources

US and Iran Sign Agreement to End War and Reopen Strait of Hormuz

On June 17, 2026, the United States and Iran signed a historic agreement in Tehran to end their war and reopen the Strait of Hormuz. The deal, titled the 'Islamabad Memorandum of Understanding,' includes a commitment from Iran to never develop nuclear weapons and a $300 billion redevelopment package for Iran. The agreement was released after months of conflict that destabilized global oil markets.

The agreement was signed by both parties in Tehran, with the text released by a senior U.S. official. The document outlines an end to fighting and a 60-day window for resolving unresolved issues, including Iran’s nuclear program. Tehran says the agreement includes a $300 billion redevelopment package for Iran, while Washington emphasizes the 60-day period for determining the nuclear program's future. The deal was announced after months of conflict that had driven oil prices to record highs, with the Trump administration facing criticism for its lack of transparency. The agreement was released following pushback over the administration’s approach, with the text made public by a senior U.S. official. The agreement’s specifics differ between sources, with some reporting a $300 billion package and others noting unresolved nuclear issues.

Where Sources Diverge

The scmp article mentions the agreement was released after pushback over the Trump administration’s lack of transparency, while the tass article does not mention this context.

scmp

The outline of the agreement... after months of conflict had battered the global economy and sent oil prices soaring.

tass

Both parties signed the document

The bbc-world and nyt articles differ on the specifics of the agreement, with bbc-world stating a $300bn redevelopment package and nyt noting that the document leaves the nuclear program unresolved.

bbc-world

The 14-paragraph memo includes an end to fighting, an agreement that Iran will never have a nuclear weapon, and a $300bn redevelopment package for Iran.

nyt

The document leaves complicated issues like Iran’s nuclear program still to be decided and a 60-day window to determine them.

Timelines

Sources

PublicBBC WorldJun 18, 05:28 AM
What's in the US-Iran agreement?

The 14-paragraph memo includes an end to fighting, an agreement that Iran will never have a nuclear weapon, and a $300bn redevelopment package for Iran.

PublicBBC WorldJun 18, 05:28 AM
What's in the US-Iran agreement that's now in effect

The 14-paragraph memo includes an end to fighting, an agreement that Iran will never have a nuclear weapon, and a $300bn redevelopment package for Iran.

StateTASSJun 18, 03:08 AM
Iran, US officially agree on memorandum text — Iranian diplomat

Both parties signed the document

IndependentSouth China Morning PostJun 18, 02:50 AM
The US and Iran publish their official agreement. Here’s what’s in it

A senior US official on Wednesday released the text of an agreement reached between Washington and Tehran to end the Iran war and reopen the Strait of Hormuz, after months of conflict had battered the global economy and sent oil prices soaring. The outline of the agreement, titled “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran”, was released following days of pushback over the Trump administration’s lack of transparency. US President...

IndependentThe HinduJun 17, 11:46 PM
Text of U.S.-Iran memorandum of understanding released by U.S.

The following is the text of the U.S.-Iran memorandum of understanding, as read out by a senior U.S. official to reporters on Wednesday

IndependentNew York TimesJun 17, 10:58 PM
U.S. Official Releases Text of Agreement With Iran

The document leaves complicated issues like Iran’s nuclear program still to be decided and a 60-day window to determine them.

PublicNPRJun 17, 01:00 PM
Trump administration releases preliminary agreement with Iran

The Trump administration shared the details of the preliminary agreement to end the war with Iran on Wednesday, as President Trump took questions at a press conference at the G7 summit.