Trump Remotely Signs 60-Day Iran Ceasefire as Deal Opens Hormuz and Eases Oil Sanctions
Updated
Updated · The Washington Post · Jun 19
Trump Remotely Signs 60-Day Iran Ceasefire as Deal Opens Hormuz and Eases Oil Sanctions
3 articles · Updated · The Washington Post · Jun 19
Summary
Trump and Iranian President Masoud Pezeshkian remotely signed a 14-point, 60-day ceasefire accord Wednesday after the White House disclosed terms at the end of the G-7 summit.
The memorandum would immediately reopen the Strait of Hormuz, allow Iran to sell oil sanctions-free, and gradually unfreeze assets and lift remaining sanctions if Tehran complies during follow-on talks.
Trump defended the deal by arguing lower energy prices would ease inflation and support markets, while acknowledging the agreement has few formal enforcement mechanisms beyond a threat to resume bombing.
The text marks a sharp shift from Trump's earlier regime-change rhetoric, committing both sides to respect sovereignty and avoid interference while leaving harder disputes over Iran's nuclear program for the next 60 days.
Trump also criticized Israel's conduct in Lebanon and suggested Iran should be allowed some missiles, underscoring why the agreement has alarmed Israeli officials and some Republicans.
Has the Hormuz crisis permanently broken global supply chains, regardless of any potential agreement?
With Iran publicly refuting the deal, is a wider regional conflict now more likely than peace?
On the Brink of Fragile Peace: The 2026 US-Iran Interim Deal, Its Provisions, and Global Reactions
Overview
As of June 13, 2026, efforts to finalize an interim agreement between Iran and the United States have intensified, with both sides exchanging messages and coming closer to a breakthrough. Iranian and Western officials agree that a political understanding has largely been achieved, though detailed discussions on key issues—especially the release of Iranian frozen funds—are still ongoing. This progress follows months of escalating conflict and mutual exhaustion, driving both nations to seek de-escalation. The interim deal aims to provide immediate relief and stability, but leaves major disputes unresolved, making the current peace fragile and dependent on further negotiations.