Donald Trump and Masoud Pezeshkian Sign U.S.-Iran Memorandum To End War, Start 60-Day Talks

The United States and Iran signed an initial agreement to end the war, starting a 60-day period of negotiations on a final deal, and Iran’s supreme leader authorized the signing despite saying he held a “different view,” in a statement.

The memorandum was signed by President Donald Trump and Iranian President Masoud Pezeshkian, and NBC News reported Trump could be seen signing the memorandum late Wednesday at the Palace of Versailles in video published by French President Emmanuel Macron.

ABC News

The framework described an “immediate and permanent termination of military operations on all fronts, including in Lebanon,” and said the final deal would confirm the permanent termination of the war on all fronts, including in Lebanon.

The agreement also set a timeline for maritime steps, with the U.S. beginning the removal of its naval blockade and Iran making arrangements for “safe passage of commercial vessels, with no charge for 60 days only,” from the Persian Gulf to the Sea of Oman.

In parallel, the UKMTO downgraded the maritime security threat level in the Strait of Hormuz to ‘moderate’ after the announced agreement between the United States and Iran to reopen the strategic waterway.

In Washington, Senate Majority Leader John Thune told CNN the agreement was “a step in the right direction,” while also saying there will be “continue to be a contentious conversation” over a final deal.

Senate Minority Leader Chuck Schumer, meanwhile, called the agreement with Iran a “fiasco,” saying President Donald Trump “gave away the store,” and he said “Democrats are not going to vote for” any potential deal that includes $300 billion for rebuilding in Iran.

Al Jazeera

Vice President JD Vance defended the deal as “bearing fruit” as oil starts moving through the Strait of Hormuz and oil prices come down, and he said it was a “win-win” for the U.S.

The Hill reported that Vance said, “If the Iranians don’t change their behavior, their military and their nuclear program is still destroyed,” while warning that if they do change their behavior, the relationship could become “transformative.”

Al Jazeera framed the $300bn reconstruction plan as a political flashpoint, quoting Trump’s Truth Social post: “There is no 300 Billion Dollar payment to Iran by the U.S. That’s Fake News!”

The memorandum’s text, as published in full, said Iran “reaffirms that it shall not procure or develop nuclear weapons,” and it set negotiations on the future of Iran’s nuclear program for the 60-day window.

“A provision in a memorandum of understanding (MoU) to end the US-Israel war with Iran has become the latest political flashpoint in Washington, with President Donald Trump defending the commitment to create a $300bn reconstruction plan for Iran”

Al Jazeera

France 24, describing the 14 provisions, said the agreement included mutual commitments to stop military operations, lift the U.S. naval blockade on Iran, and issue exemptions allowing the resumption of Iranian oil exports, while deferring the nuclear file to the negotiations lasting 60 days.

The BBC reported that Pakistan’s Prime Minister Shehbaz Sharif confirmed a formal ceremony scheduled for June 19, 2026 in Switzerland, and said the start of technical talks would follow the signing.

In the same BBC account, Iran’s Foreign Ministry spokesman Ismail Bagheri stressed that “Iran should be able to start selling its oil today and for 60 days,” while an American official clarified that the Sunday electronic signing differed from Thursday’s signing by President Trump and President Beizkhian.

Beyond the immediate ceasefire and maritime reopening, the deal also tied sanctions relief to the final settlement, with the memorandum stating the U.S. would “terminate all types of sanctions” and that the mechanism for the reconstruction plan would be finalized as part of the final deal within 60 days.