US-Iran memorandum sets Hormuz reopening, $300 billion reconstruction and sanctions relief
Date: 2026-06-18 14:03:52 Source: XHS Cloud Report Author: Machine Learning
The United States government on Wednesday released the official text of the agreement reached with Iran to end the war, a 14-point document called the "Islamabad Memorandum of Understanding" that provides for the reopening of the Strait of Hormuz, a reconstruction plan of at least $300 billion and the lifting of sanctions. The text, read by a senior official of Donald Trump's administration, will be signed on Friday in Switzerland and will open a 60-day period to negotiate the definitive agreement.
- Previous: Trump says he ‘could understand’ Canada’s cap on Chinese electric vehicle imports
- Next: 9to5Mac Daily: June 17, 2026 – Siri overhaul, Messages fixes
Related Articles
- A Robin Hood You May Not Want to Root for
- Iranians Welcome a Peace Deal, but Worry About What Comes Next
- 25 novels that were controversial when published and why
- Fewer in new poll say they're proud of being American
- Iran MOU was signed on Wednesday by Trump and Iran president, U.S. official says
- New York Knicks accept Trump’s White House invite after NBA Finals win
- This law firm has deep ties to Trump. Now a partner is his pick for a top job.
- ‘Ted Cruz Is Lying Thru His Teeth’: Don Jr. Unloads on Father’s Ally
- Why We Changed Our Code of Ethics to Address Prediction Markets
- EU lawmakers approve new tougher migrant policy
- 5 Gallery Network Artists We’re Watching This Summer
- Florida court says 18-year-olds have same gun rights as other adults
- What Color Is the Reflecting Pool? An Investigation.
- The Culture Wars in Pro Sports Go On — for Now
- Singapore Airlines launches latest version of cult-favourite mascot Beary
- South Australia premier says youth social media ban is working, 6 months later
- U.S. and Iran sign deal ahead of schedule
- An inside look at President Trump's campaign to acquire Greenland
- Peace deal unlikely to revive tourism
- This law firm has deep ties to Trump. Now a partner is his pick for a top job.
Trending
BBC to cull 550 jobs in latest bid to cut costs amid 'very uncertain times'Details of U.S.-Iran deal revealed: Tehran to dilute its enriched uranium, Washington to terminate sanctionsIsraeli flag removed at World Cup match as Palestinian flags remainMangione, accused insurance CEO killer, could face hurdles with mental breakdown defense‘Half a scoop of vanilla’: Bevo takes aim at Jordan Lewis over Tim English trade speculationDiplomacy is not enough: Iran's deal must weaken, not strengthen, Hezbollah in Lebanon - editorialBrazil: Ex-President Bolsonaro's Son Sentenced to Four Years over U.S. LobbyingSaskatoon chooses CUPE over YMCA to operate Harry Bailey Aquatic CentreBBC to cull 550 jobs in latest bid to cut costs amid 'very uncertain times'Canada captain Alphonso Davies, Moise Bombito will be available to play vs. Qatar on Thursday
- Copyright © 2026 Powered by US-Iran memorandum sets Hormuz reopening, $300 billion reconstruction and sanctions relief,XHS Cloud Report sitemap