Donald Trump signs a deal with Iran to reopen the Strait of Hormuz; US-Iran deal takes effect.
Donald TrumpIran

Donald Trump signs a deal with Iran to reopen the Strait of Hormuz; US-Iran deal takes effect.

Donald Trump has signed a significant agreement with Iran aimed at reopening the Strait of Hormuz, a crucial maritime passage for global oil shipments. The deal is set to take effect immediately, marking a pivotal moment in US-Iran relations and regional stability.

Bloomberg.com Bloomberg.com45 min ago
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Key Insight
“Donald Trump has signed a deal with Iran to reopen the Strait of Hormuz. This development follows the recent focus on the US-Iran deal taking effect.”
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Bloomberg.comBloomberg.com
“By June 18, 2026 at 6:23 AM UTC BookmarkSave Good morning. Donald Trump signs a deal with Iran to reopen the Strait of Hormuz.”
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EARLIER IN THE STORY:
Trump and Iranian President Masoud Pezeshkian sign memorandum of understanding aimed at ending the war with Iran.
ReutersReuters
Trump and Iranian President Masoud Pezeshkian sign memorandum of understanding aimed at ending the war with Iran.

U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding on Wednesday.

Ending WarIran MouMemorandum Understanding
2026-06-17
TL;DR by CuriousCats.ai
  • U.S. President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed a memorandum of understanding aimed at ending the war with Iran, a U.S. official told Reuters.
  • The memo had been signed digitally on Sunday by Vice President JD Vance and Iran's chief negotiator Mohammad Baqer Qalibaf and witnessed by Trump.
Iran deal is now in effect, White House confirms; US and Iran commit to nuclear non-proliferation and economic development.
BBCBBC
Iran deal is now in effect, White House confirms; US and Iran commit to nuclear non-proliferation and economic development.

The 14-paragraph agreement states Iran will never have a nuclear weapon and includes a $300bn fund for reconstruction.

Iran DealIslamic Republic Of IranMilitary Operations
2026-06-17
TL;DR by CuriousCats.ai
  • Iran deal is now in effect, as confirmed by the White House, initiating a 60-day period for the US and Iran to negotiate a more final agreement.
  • The 14-paragraph agreement includes Iran's commitment to never develop a nuclear weapon and establishes a $300bn fund for the "reconstruction and economic development" of the country.
  • The deal also mandates the immediate and permanent termination of military operations on all fronts, including in Lebanon.
  • Additionally, the agreement stipulates that the US will lift sanctions against Iran, with a schedule to be agreed upon.
  • The US and Iran will collaborate on removing Iran's enriched nuclear material under the supervision of the IAEA.
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