{"id":1376,"date":"2026-06-17T18:41:25","date_gmt":"2026-06-17T18:41:25","guid":{"rendered":"https:\/\/trustedmovinggroups.com\/?p=1376"},"modified":"2026-06-17T18:41:25","modified_gmt":"2026-06-17T18:41:25","slug":"strait-of-hormuz-to-reopen-u-s-to-lift-iran-sanctions-under-14-point-deal-seeking-to-end-iran-war","status":"publish","type":"post","link":"https:\/\/trustedmovinggroups.com\/?p=1376","title":{"rendered":"Strait of Hormuz to reopen, U.S. to lift Iran sanctions under 14-point deal seeking to end Iran war"},"content":{"rendered":"
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The U.S. is expected to lift sanctions on Iran and unfreeze funds and assets linked to the country\u2019s regime, under a 14-point memorandum of understanding provided to NBC News by a senior U.S. official.<\/p>\n

Read more Israel cut out of Iran deal as Trump keeps deriding Netanyahu in public<\/a><\/p>\n

The interim agreement declares an intent to bring about an \u201cimmediate and permanent termination of military operations\u201d in the U.S-Israeli war with Iran, which began Feb. 28, unleashing chaos across the Middle East and rattling the world economy.<\/p>\n

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Both sides will commit to further talks toward a more substantive \u201cfinal deal\u201d within 60 days, \u201cextendable with mutual consent.\u201d<\/p>\n

The MOU stipulates that the Strait of Hormuz should reopen, with Iran agreeing to allow \u201csafe passage of commercial vessels with no charge for 60 days only,\u201d followed by negotiations with Oman to \u201cdefine the future administration\u201d of the vital trade route, through which some 20% of the world\u2019s oil passed before the war.<\/p>\n

Under the agreement, the U.S. will \u201cterminate all types of sanctions,\u201d will \u201cmake fully available for use the frozen or restricted funds and assets,\u201d and will begin the removal of its naval blockade of Iran\u2019s ports.<\/p>\n

Iran \u201creaffirms that it shall not procure or develop nuclear weapons,\u201d with a mechanism to be \u201cmutually agreed\u201d relating to its \u201cenriched material\u201d stockpile.<\/p>\n

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The senior U.S. official said that Iran\u2019s commitment to the destruction of its enriched stockpile is \u201ca major, major win for the United States of America,\u201d adding that sanctions relief will be tied to the nuclear settlement and \u201cto the extent\u201d that Iran fulfils its obligations.<\/p>\n

One point in the memorandum that could draw criticism is a commitment for the U.S. to work with regional partners to develop a plan for at least $300 billion to be distributed to Iran for \u201creconstruction and economic development.\u201d The draft memorandum notes that the mechanism for the distribution of these funds will be hammered out during the 60-day negotiation period. <\/p>\n

The senior U.S. official downplayed this point and noted that the U.S. is not required to contribute to the fund. <\/p>\n

\u201cWhat it says is that if we get to a final deal and if the Iranians behave, we will permit the sanctions relief that would allow, for example, the Emiratis to build a power plant in Iran. That\u2019s all it says,\u201d the senior official said. \u201cIf they do what they have to do, we will permit the investment in the reconstruction of their country.\u201d <\/p>\n

A second senior U.S official said the agreement is the same text as agreed Sunday, adding that Iran had requested it not be released until now. \u201cI think it was obviously unfortunate, we weren\u2019t able to put it out right away,\u201d they said.<\/p>\n

They added: \u201cIf we\u2019re not able to make a great deal, President Trump\u2019s very clear that he\u2019s a lot of tools at his disposal, and he will not be afraid to use them.\u201d<\/p>\n

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A ceasefire was agreed to in April to allow for negotiations, though both sides have since continued with some strikes.<\/p>\n

World leaders attending the G7 summit in the French resort town of Evian-les-Bains threw their support behind the agreement early Wednesday. <\/p>\n

Read more Pentagon releases names of 8 people killed in B-52 plane crash at California Air Force base<\/a><\/p>\n

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