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Iran War Day 111: Tehran Warns US as 14-Point Plan Takes Effect

The 14-point accord aims to end conflict and prevent nuclear weapon development, reopening the vital Strait of Hormuz and stabilizing global energy markets.

  • On Wednesday, President Donald Trump and Iranian President Masoud Pezeshkian electronically signed a memorandum of understanding to end their conflict and reopen the Strait of Hormuz, launching a 60-day negotiation window for a permanent settlement.
  • Dwindling Gulf energy supplies and economic pressures prompted the agreement, as Brent crude prices dropped below $80 a barrel this week; the conflict began in February when Trump and Israeli Prime Minister Benjamin Netanyahu initiated military operations.
  • Iran agreed to dilute its highly enriched uranium stockpile, while the United States will lift selected sanctions and implement a $300bn development programme, provided Tehran "behaves." The MOU specifies Iran will only benefit if it meets its obligations.
  • Prominent Republicans, including former Vice President Mike Pence and Senator Bill Cassidy, criticized the agreement, arguing it fails to curb Tehran's nuclear ambitions and comparing it to Trump's 2015 claim that the Obama-era accord was the "worst deal in history."
  • Negotiations are expected to exceed the 60-day timeline, with expert Kenneth Katzman describing the process as "very detailed" and "very exhaustive," while Tehran warned it will monitor Washington's compliance "without any leniency.
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An agreement between the US and Iran to extend the ceasefire between the two countries has been signed and is now in effect. It comes four months after conflict broke out between the countries - and Israel.

·Belgrade, Serbia
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New York Post broke the news in New York, United States on Wednesday, June 17, 2026.
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