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U.S. and Iran Sign Formal Memorandum to End Hostilities and Reopen Strait of Hormuz

President Trump and President Pezeshkian sign a memorandum of understanding to halt military operations and lift naval blockades within 30 days.

June 18, 2026 at 2:30 AM

The United States and Iran have officially transitioned from a preliminary framework to a signed memorandum of understanding (MOU) aimed at ending the ongoing conflict. Signed by President Donald Trump and Iranian President Masoud Pezeshkian, the agreement dictates an immediate cessation of military operations across all fronts, including Lebanon. The deal sets a 30-day timeline for the U.S. to lift its naval blockade and withdraw forces from near Iran, while Tehran has agreed to facilitate commercial shipping through the Strait of Hormuz and maintain current nuclear enrichment levels under IAEA supervision. The diplomatic breakthrough includes significant economic concessions, such as immediate waivers for Iranian crude oil exports and negotiations over frozen funds. A proposed regional reconstruction plan for Iran is expected to target at least $300 billion in support. Despite the signing, President Trump noted that the deal remains subject to change if implementation targets are not met. International leaders, including French President Emmanuel Macron, have voiced support for the measure as a critical step toward regional stability. The agreement remains in a fragile state as regional spillover continues in Lebanon. Israeli Prime Minister Benjamin Netanyahu has reportedly expressed opposition to the deal's implications for Israeli security and the regional military posture. Because the MOU explicitly links the U.S.-Iran theater with the conflict in Lebanon, ongoing Israeli strikes in the south are viewed as a potential catalyst for the deal’s collapse. A formal signing ceremony is still scheduled to take place in Switzerland to finalize the peace process.

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