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U.S.-Iran Peace Deal Signed: Does Iran Come Out on Top?

The 14-point deal opens the Strait of Hormuz and starts 60 days of talks as oil prices fall, officials said.

  • On Thursday, President Donald Trump and Iranian President Masoud Pezeshkian signed the Islamabad Memorandum of Understanding, pausing hostilities between their two countries and entering a 60-day negotiation period.
  • Provisions include Iran allowing toll-free passage through the Strait of Hormuz, while the United States ends naval blockades and develops plans to provide up to $300 billion for Iranian reconstruction.
  • Eric Fleury, a professor at Connecticut College, called the framework a 'positive step,' though he warned it grants Iran leverage to criticize U.S. troop levels or sanctions.
  • Ramin Ahmadi, an Iranian American, questioned the strategy, calling the deal a 'betrayal,' while oil markets reacted positively as the Strait of Hormuz reopened to traffic.
  • Negotiators have 60 days to draft a treaty that definitively concludes the conflict, with Mohammad Elahee of Quinnipiac University noting the deal offers Iran a chance to reintegrate globally.
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cascadepbs.org broke the news on Thursday, June 18, 2026.
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