President Trump posted on Truth Social on June 13 that a deal with Iran is scheduled for signing on June 14. Iran’s foreign ministry, meanwhile, has confirmed that Tehran hasn’t actually finalized anything yet.
What’s supposedly in the deal
The proposed memorandum of understanding centers on the Strait of Hormuz, the narrow waterway through which roughly a fifth of the world’s oil supply passes daily. Under the terms Trump described, the strait would be immediately reopened for maritime traffic without tolls.
Beyond the shipping lane, the agreement reportedly includes phased sanctions relief contingent on Iranian compliance. That compliance piece covers some heavy-duty requirements, including the removal of nuclear material stockpiles and the eventual dismantling of Iran’s nuclear program. There’s also a provision requiring that Iran not fund terrorist groups.
Discussions on the nuclear program itself would be postponed to a later date, meaning the deal essentially kicks the hardest question down the road while locking in the parts both sides can more easily agree on.
