Iranian President Masoud Pezeshkian and US President Donald Trump digitally signed a Memorandum of Understanding on June 17, 2026, marking the first formal bilateral agreement between the two nations in years. The MoU centers on de-escalating hostilities and reopening the Strait of Hormuz to commercial traffic.

What the deal actually says

The agreement contains 14 core provisions. Iran has committed not to develop nuclear weapons under the terms of the MoU, while both sides agreed to a permanent cessation of military operations.

There’s also a 60-day window baked into the deal for further negotiations on Iran’s nuclear program.

The agreement follows months of negotiations during the 2025-2026 Iran-US/Israel conflict.