Iran’s Supreme Leader Mojtaba Khamenei has approved a memorandum of understanding with the United States. The authorization, issued on June 18, 2026, launches a 60-day negotiation period aimed at defusing one of the most volatile geopolitical standoffs in recent memory.
The 14-point interim agreement covers everything from Iran’s nuclear program to the reopening of the Strait of Hormuz. A formal signing ceremony is expected around June 20 in Geneva.
What’s actually in the deal
Iran has pledged to forgo nuclear weapons as part of the agreement’s commitments.
The deal also outlines a plan to restore maritime access through the Strait of Hormuz, involving coordination between Iran, Oman, and Gulf nations. Immediate steps include lifting the US naval blockade of Iranian ports and permitting commercial shipping through the strait.
