Trump Unveils 14-Point Iran Deal With $300 Billion Fund as Hormuz Reopens for 60 Days
Updated
Updated · The Guardian · Jun 17
Trump Unveils 14-Point Iran Deal With $300 Billion Fund as Hormuz Reopens for 60 Days
3 articles · Updated · The Guardian · Jun 17
Summary
A 14-point US-Iran text released Wednesday shows Washington offering sanctions relief, oil waivers and access to frozen assets in exchange for reopening the Strait of Hormuz and extending a 60-day ceasefire.
Trump said the concessions were needed to avert a “worldwide depression,” arguing shipping could not resume while rockets and mines threatened a waterway that carries 20% of global oil supply.
The plan also opens talks on down-blending Iran’s 440kg of highly enriched uranium under IAEA supervision, while leaving Tehran’s ballistic missile program outside the memorandum.
A $300 billion reconstruction fund backed by Gulf partners is envisaged, and the deal includes Lebanon by seeking to restrain Hezbollah and limit Israeli operations there.
Iran is weighing a Friday signing by President Masoud Pezeshkian and Trump, but the terms are already drawing praise from G7 allies and backlash from Israel and Republican hardliners.
With Iran weeks from a nuclear bomb, can this 60-day deal truly dismantle its program or just postpone a much larger conflict?
After Iran weaponized the world's oil supply, is this deal a path to peace or a reward for economic blackmail?
Since inspectors are blind to parts of Iran's program, how can any new nuclear agreement be effectively verified and trusted by the world?
The $300 Billion Gamble: U.S.-Iran Framework Agreement Launches 60-Day Countdown for Nuclear Peace and Reconstruction
Overview
On June 15, 2026, President Trump, Vice President JD Vance, and Iran’s lead negotiator signed a preliminary framework agreement, marking a pivotal breakthrough in U.S.-Iran relations. This agreement set the stage for a structured path toward a final peace deal, with both sides highlighting its significance. Immediate actions included the potential release of $25 billion in frozen Iranian assets, but only if Iran fulfills specific conditions in a comprehensive peace deal. The ultimate goal is to dismantle Iran’s nuclear capabilities, including the destruction and removal of its highly enriched uranium stockpile, reflecting the core issues at the heart of ongoing negotiations.