Trump, Pezeshkian Sign 14-Point US-Iran Deal to Reopen Hormuz as 60-Day Talks Loom
Updated
Updated · CNN · Jun 18
Trump, Pezeshkian Sign 14-Point US-Iran Deal to Reopen Hormuz as 60-Day Talks Loom
3 articles · Updated · CNN · Jun 18
Summary
Versailles hosted the latest step in the accord, with Trump signing a hard copy and Iranian state media publishing photos of Pezeshkian holding the Farsi version, making the memorandum effective immediately according to Pakistan.
The 14-point, roughly 800-word deal pairs an end to hostilities with US sanctions waivers for Iranian oil exports, reopening the Strait of Hormuz, and a pledge that Tehran will not procure or develop nuclear weapons.
A next phase would launch 60 days of technical negotiations and includes a proposed $300 billion reconstruction fund for Iran, while US and Iranian officials gave conflicting accounts of whether a formal Friday ceremony in Switzerland will still occur.
The agreement also extends to Lebanon, where Israeli strikes continued Wednesday, and Trump said US forces would remain in the Persian Gulf "for a little while" as implementation begins.
Reaction in Washington split quickly: several Democratic senators called the accord a giveaway to Iran, while Republican hawk Lindsey Graham backed it as a path to economic stability and broader regional peace.