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US and Iran sign initial deal to end war, ease sanctions and open strait as nuclear talks continue

The deal pauses hostilities, opens the Strait of Hormuz and starts 60 days of talks on Iran’s nuclear program and sanctions relief.

  • On Wednesday, June 17, 2026, President Donald Trump signed the "Memorandum of Understanding" with Iran at the Palace of Versailles in France, marking a significant step toward ending the Middle East conflict.
  • Mediated by Pakistan and Qatar, the 14-point agreement aims to conclude the war initiated on February 28, 2026, between the United States and the Islamic Republic of Iran.
  • Taking immediate effect, the pact requires the Islamic Republic to reopen the Strait of Hormuz, while the United States must lift the naval blockade against Iranian ports within 30 days.
  • Negotiators have 60 days to reach a permanent truce regarding Iran's nuclear program and lifting of sanctions, during which Washington committed to a $300 billion reconstruction plan.
  • Pakistani Prime Minister Shehbaz Sharif stated his country will host an official commemorative ceremony on Friday, June 19, in Switzerland, despite the document already being electronically signed.
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Reuters broke the news in New York, United States on Wednesday, June 17, 2026.
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