Brief by Shorts91 Newsdesk / 06:37am on 18 Jun 2026,Thursday India Global
US President Donald Trump and Iranian President Masoud Pezeshkian have digitally signed a 14-point memorandum of understanding aimed at ending hostilities, reopening the Strait of Hormuz and launching broader negotiations on sanctions and Iran’s nuclear programme. The agreement took effect immediately and includes a ceasefire framework, phased sanctions relief, release of frozen Iranian assets, renewed oil exports and a 60-day timeline for negotiating a comprehensive settlement. Iran reaffirmed that it would not develop nuclear weapons, while discussions on enriched uranium stockpiles will continue under international supervision. The deal also includes economic assistance and measures to ensure maritime security in the strategic waterway.
