Trump Administration Outlines Terms of Proposed Iran Agreement
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Trump Administration Outlines Terms of Proposed Iran Agreement

Lucas Morgan
Jun 18, 2026 11:58 PM
Updated: Jun 19, 2026 12:00 AM
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WASHINGTON — The Trump administration this week outlined the terms of a proposed agreement with Iran that officials say would extend a ceasefire, reopen the Strait of Hormuz and establish a framework for broader negotiations on sanctions, nuclear activities and regional security.

U.S. and Iranian officials announced the preliminary framework earlier this week following months of conflict that disrupted energy markets and maritime traffic in the Gulf region. President Donald Trump said on Sunday that an agreement had been reached in principle, while officials from both countries described the arrangement as an interim memorandum of understanding rather than a final settlement.

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According to details described by Iranian officials and reported by Reuters, the proposed agreement calls for Iran to reopen the Strait of Hormuz to commercial shipping while the United States lifts its naval blockade on Iranian ports. The framework also provides for a 60-day period during which both sides would seek to negotiate a more comprehensive accord.

The draft terms include provisions related to Iran’s nuclear program. Iranian officials said Tehran would commit not to produce or acquire nuclear weapons and would maintain the current status of its nuclear activities while negotiations continue. Discussions on the handling of Iran’s stockpile of highly enriched uranium would take place during the follow-up talks, according to the reported framework.

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Financial measures are also included in the proposal. Iranian officials said the United States would refrain from imposing new sanctions while negotiations are underway and would provide temporary waivers allowing Iranian oil exports. The reported draft also references access to some frozen Iranian assets, though the scope and timing of any financial relief remain subject to negotiation.

A separate Reuters report said the broader framework includes plans to reopen maritime trade routes and support economic recovery efforts tied to the success of a final agreement. However, several issues remain unresolved, including long-term sanctions policy, implementation mechanisms and the future structure of nuclear oversight arrangements.

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Trump described the proposal as a major diplomatic breakthrough. “The Deal with the Islamic Republic of Iran is now complete,” he wrote on his Truth Social platform on Sunday, referring to the framework agreement announced by both sides. Iranian officials, however, have emphasized that negotiations on a permanent settlement are still required.

Questions have also emerged regarding the precise language of the agreement. U.S. officials told several media outlets that portions of the memorandum were drafted broadly and that key details would be addressed in future technical discussions. Some reported versions of the text have been disputed by White House officials, who said certain leaked documents did not accurately reflect the final wording. Details remain unclear.

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As of Wednesday, U.S. and Iranian officials said preparations were continuing for further negotiations, with the proposed agreement serving as a framework for talks expected to continue over the next 60 days. Maritime traffic through the Strait of Hormuz has begun to recover, although officials cautioned that full implementation of the agreement remains dependent on future negotiations and compliance by both sides.

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