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US-Iran Peace Deal Framework and Negotiations

Monday, June 15, 2026
5 min read
US-Iran Peace Deal Framework and Negotiations

The whole thing is set for June 19th in Geneva. A peace deal between the United States and Iran. It’s supposed to be a big step. An end to this mess that has been raging across the Middle East for over three months now.

It wasn't some sudden thing, you know? The announcement itself came from Pakistan first. Then Washington and Tehran confirmed it later on. A bit of a tangled web just getting sorted out.

Pakistani Prime Minister Shehbaz Sharif spoke up. He said both sides aGreed to stop the military operations immediately. All fronts. Even in Lebanon included. He also thanked Qatar, Saudi Arabia, Turkey for helping mediate. That part felt necessary. The mediation stuff.

Then you had Trump’s side. On Sunday he dropped it on social media. Declared the deal with Iran was done. Authorizing things right away. Reopening the Strait of Hormuz. Lifting the US naval blockade. It was fast. Very fast.

“The Deal with the Islamic Republic of Iran is now complete,” he wrote. Then followed that order: “I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.” And then just… “Ships of the World, start your engines. Let the oil flow!”

Iran confirmed it too. But there was more to the confirmation. Iranian Deputy Foreign Minister Kazem Gharibabadi said an "immediate end" to the war. Talks would keep going for two months more. To figure out the final details.

This all happened after a really tense day back in Tehran. There was that whole thing about retaliation. Following an Israeli strike targeting Hezbollah near Beirut. It briefly threatened to derail everything they were trying to finalize. Things got very hot there before this aGreement could settle down.

The conflict itself started way back, late February. US and Israeli strikes on Iran kicked off retaliations against Israel and its allies in the region. It wasn't just fighting between two nations anymore. It spilled over into something much bigger. Maritime traffic through the Strait of Hormuz got completely disrupted. Oil routes? That was severely impacted.

The whole structure they drafted isn’t fully out yet, mind you. Reuters reported on a draft memorandum of understanding. It covered a lot of heavy stuff. Things like Iran’s nuclear program. Sanctions relief. And getting that Strait open.

They aGreed to reopen the Strait immediately for commercial shipping. The US side would start lifting the blockade right away. That removal process, they said, needs to be done within thirty days after signing whatever they finally aGree on.

And sanctions? They talked about not adding any new ones while the negotiations were still running. A pause there. Then, eventually, all US and UN sanctions on Iran would get lifted. According to that draft framework, once a final deal is hit, that’s the plan.

The oil issue was big too. The memo included waivers for oil sanctions. This meant Iran could start selling oil again. Start getting revenue from it. That part seemed crucial.

There were huge financial figures thrown in. They talked about releasing $25 billion tied up in frozen Iranian assets. This would happen through cash transfers, some regional deals, and credit arrangements. Big numbers moving around.

But there’s still the nuclear side hanging over everything. That's where things get complicated. The framework calls for serious talks on reconstruction and development plans. That needs to be negotiated within sixty days.

And then you have the core issue: the nukes. Reuters mentioned that Iran aGreed it won't produce or acquire nuclear weapons. Pending a final deal, they’d keep their current setup. No more enrichment. No expanding facilities. But there’s still work to do on the stockpile of highly enriched uranium. The US side would allow Iran to dilute that stuff on Iranian soil under some future aGreement.

Those specific details the enrichment, the stockpiles those are set for negotiation over those next sixty days. It's all shifting around. Very slow movement now. A lot still left to chew on before everything locks down completely.

Written by Gree News Team — Senior Editorial Board

Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.

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