Overview
- President Donald Trump and Iranian officials said on Sunday that they had agreed a 14-point framework that calls for an immediate end to military operations and for the U.S. naval blockade of Iranian ports to be lifted.
- Mediators said the memorandum will be formally signed in Geneva on June 19 and that pre-implementation meetings will begin this week to prepare technical negotiations.
- The deal opens a 60-day, phased process for talks on Iran’s nuclear program with verification to be handled by technical teams and the IAEA but leaves a major dispute over whether highly enriched uranium will be removed abroad or diluted inside Iran.
- Draft terms reported by multiple outlets link partial release of roughly $24–25 billion in frozen Iranian assets and temporary sanctions waivers to verified Iranian compliance, but sources say sequencing of asset releases remains contested.
- Pakistan and Qatar led the mediation effort and officials warned the agreement is fragile because Israel was excluded, hardline protesters in Iran oppose the deal, and reopening the strait requires mine clearance and coordination that could take weeks.