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A historic signature. The American and Iranian presidents each signed remotely, Wednesday June 17, the memorandum of understanding in which Tehran undertakes to dilute its enriched uranium in the context of future negotiations, in exchange for the lifting of Washington’s sanctions.
Washington and Tehran agreed this week on an agreement to end the conflict launched on February 28 by the United States and Israel against the Islamic Republic, which left thousands dead, mainly in Iran and Lebanon.
Iran and the United States “undertake to negotiate and conclude the final agreement within a maximum period of 60 days, extendable by mutual agreement.” The final agreement will be ratified by a binding resolution of the UN Security Council.
>> LIVE – War in the Middle East: Donald Trump signed an agreement with Iran to end the conflict, follow developments in the situation
Supervision of the Iranian nuclear program
Iran reaffirms that it “will not acquire or develop nuclear weapons.” The text also specifies that the fate of the enriched uranium already accumulated by Tehran will be decided “according to a mechanism that will be mutually agreed”, with, at a minimum, “an on-site dilution method under the supervision of the IAEA”, the International Atomic Energy Agency.
Pending a final agreement, Iran assures that it “will maintain the current status quo of its nuclear program”. For their part, the United States undertakes at this stage to “not impose any new sanctions and will not deploy additional forces in the region”.
Lebanon includes in the agreement
The memorandum of understanding, which includes the Lebanese front, was signed by Donald Trump, visiting France, an American official told AFP. The United States, Iran and their respective allies “declare the immediate and permanent cessation of military operations on all fronts, including in Lebanon.”
They undertake “not to initiate war or military operations against each other and to refrain from the threat or use of force against each other, while guaranteeing the territorial integrity and sovereignty of Lebanon.”
End of sanctions on the sale of Iranian oil and lifting of the blockade
The text of the memorandum of understanding provides that the United States will suspend, upon signature, its sanctions on the sale of Iranian oil. They also undertake to lift all of their sanctions against Tehran in the event of the conclusion of a final agreement, at the end of a 60-day negotiation period.
The United States will begin “immediately” to lift the blockade of Iranian ports established on April 13, with total removal expected within 30 days. Washington also promises to withdraw its forces stationed around Iran within 30 days following the conclusion of a final agreement.
The reopening of the Strait of Hormuz
Iran undertakes to guarantee, for 60 days and free of charge, the security of the passage of commercial ships between the Persian Gulf and the Sea of Oman. Commercial maritime traffic must resume immediately, with a full return to normal within 30 days, once the Strait of Hormuz is cleared.
During these two months, the two countries will discuss a mechanism to deal with Iranian stocks “using, at a minimum, an on-site dilution method under the supervision of the IAEA (International Atomic Energy Agency)”, underlined this official, wanting to see it as a “major victory” for Washington.
A fund of 300 billion dollars for reconstruction
The United States also undertakes, in the event of a final agreement, to facilitate “with their regional partners”, particularly from the Gulf, the release of a fund of 300 billion dollars for the reconstruction and economic development of Iran, without this implying any American financial participation.
Iran for its part published the text of the agreement on Wednesday, via the government press agency Irna. The G7 member countries, meeting in France for a summit, welcomed in a joint declaration “a historic opportunity to prevent Iran from acquiring any nuclear weapons and to tackle the threats linked to its regional and ballistic activities”.
Avoiding external “interference”
China, for its part, considered it “essential” that “all parties” scrupulously apply this agreement and avoid external “interferences”, during a telephone conversation between its Minister of Foreign Affairs, Wang Yi, and his Iranian counterpart, Abbas Araghchi, according to Beijing.Â
The head of Chinese diplomacy, whose country is largely dependent on oil imports from the Gulf, insisted on the need for navigation in the Strait of Hormuz to be “properly managed, responding prudently to the serious concerns of the international community”.
Oil prices ended slightly higher on Wednesday, with operators being cautious about signing the memorandum of understanding, with Brent, the world benchmark for crude, rising 0.75% to $79.55 per barrel.
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/2026/04/01/69cd6f572dc63930090337.jpg "Donald Trump in Versailles, end of the G7 in Evian, war in the Middle East and heat wave… Those informed for Wednesday June 17, 2026")
