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What to Know About a Possible Deal to End the Iran War

The emerging agreement would start removing Tehran’s highly enriched uranium and could ease sanctions while restoring oil and gas shipments.

  • On Sunday, President Donald Trump announced an interim agreement with Iran aimed at ending the 106-day-old war and reopening the Strait of Hormuz, a critical global shipping lane.
  • Pakistani Prime Minister Shehbaz Sharif mediated the talks following months of conflict that disrupted global energy supplies and shut down oil shipments from the Persian Gulf.
  • Initial reports indicate the deal includes a reconstruction package worth at least $300 billion and the release of $12 billion in frozen Iranian assets, with a 60-day period for technical negotiations.
  • Democratic political strategist Mike Nellis criticized the deal on social media, writing that "Trump is going to give them $25 billion," as officials scheduled a signing ceremony for Friday in Switzerland.
  • Critics argue the agreement fails to eliminate Iran's nuclear program or ballistic missiles; former Obama staffer Tommy Vietor wrote that "Trump accomplished none of his goals and lost the war to Iran.
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What to know about a possible deal to end the Iran War

The U.S. and Iran have reached an interim deal aimed at ending the war and reopening the Strait of Hormuz. Here's what to know.

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Inquirer broke the news in Manila, Philippines (the) on Sunday, June 14, 2026.
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