The US-Iran memorandum of understanding signed on June 15 does not include immediate sanctions relief for Tehran. Donald Trump confirmed that broader relief measures would be addressed in future discussions, keeping the pressure on Iran while offering narrow, conditional concessions.
What the MOU actually says
The preliminary agreement operates on a conditional framework. Iran gets some immediate concessions: the reopening of the Strait of Hormuz without tolls and temporary sanctions waivers allowing limited oil sales.
Those oil sales follow a phased approach tied to compliance, with an initial 60-day window. Iran can start selling oil again, but only if it plays by the rules, and Washington reserves the right to pull the plug after two months.
The bigger items, comprehensive sanctions relief and the release of frozen assets, remain on the table for later rounds of negotiation. Any future easing is contingent on Tehran meeting specific behavioral commitments, particularly around nuclear activities.
