The United States and Iran have agreed to stop shooting at each other and sit down for talks.
The two nations signed a memorandum of understanding on June 17 aimed at halting the conflict that erupted during the 2026 Iran War. The deal extends the ceasefire for 60 days, buying both sides time to negotiate over Iran’s nuclear program and other long-simmering disputes. Follow-up meetings are scheduled for this week in Switzerland, where technical discussions on implementing the agreement are set to take place.
What the deal actually says
The MoU covers more than just a pause in fighting. One of its most consequential provisions involves the Strait of Hormuz, a chokepoint through which roughly a fifth of the world’s oil supply flows on any given day.
Under the agreement, traffic through the strait is to be restored within 30 days, with Iran managing operations during the negotiation period.
