{"id":493,"date":"2026-06-18T04:07:44","date_gmt":"2026-06-18T04:07:44","guid":{"rendered":"https:\/\/northcarolinamovingjournal.com\/?p=493"},"modified":"2026-06-18T04:07:44","modified_gmt":"2026-06-18T04:07:44","slug":"white-house-discloses-outline-of-deal-to-end-iran-war-open-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/northcarolinamovingjournal.com\/?p=493","title":{"rendered":"White House discloses outline of deal to end Iran war, open Strait of Hormuz"},"content":{"rendered":"<div>\n<p>WASHINGTON \u2014 The White House on Wednesday read to reporters a 14-point memorandum of understanding with Iran to stop the ongoing war and allow for further negotiations, but did not release the exact text.<\/p>\n<p>Read more <a href=\"https:\/\/northcarolinamovingjournal.com\/?p=491\">Advocates say a sweeping elections bill moving through the NC House undermines voting rights<\/a><\/p>\n<p>The 60-day MOU outlines the opening of the Strait of Hormuz, sanctions relief and reconstruction funds for Iran, and the promise of negotiations on Iran ending its nuclear program. Senior administration officials say economic and sanctions relief will only occur if Iran is on \u201cgood behavior.\u201d<\/p>\n<p>\u201cIf we think that they\u2019re just dragging us along and kind of bull- \u2013 \u2013 -ting us, then we\u2019ll be very quick to pull the plug on it and go back to tightening the screws on them very, very aggressively,\u201d a senior administration official who did not want to be identified said on a Wednesday afternoon call with reporters.<\/p>\n<p>President Donald Trump told reporters in France he \u201cmight\u201d stay in Europe for the ceremonial signing of the memo, but doubted it.<\/p>\n<p>\u201cThis is a memorandum of understanding. It\u2019s very important, but it might not be the kind of a document that I should be signing,\u201d Trump told reporters at his final press conference of the G7 summit, a meeting of the world\u2019s wealthiest capitalist economies.<\/p>\n<p>Earlier Wednesday he told reporters at the G7, \u201cIf I don\u2019t like it, we\u2019ll go back to shooting at them, dropping bombs on their head.\u201d<\/p>\n<p>Trump\u00a0announced Monday he had reached a ceasefire agreement with Iranian officials to temporarily end the war, which has lasted longer than 100 days, but the administration had not released any part of the agreement until Wednesday. Members of the U.S. Senate\u00a0complained\u00a0they had not seen the details and some said they wanted to vote on a final agreement.<\/p>\n<p>Iran\u2019s Prime Minister Shehbaz Sharif\u00a0confirmed in a social media post Monday that a deal had been reached.<\/p>\n<p>Iranians requested the United States not release the text until language was finalized, according to a second senior administration official who added \u201cit was obviously unfortunate we weren\u2019t able to put it out right away.\u201d\u00a0<\/p>\n<p>\u201cWe were trying to accommodate their domestic messaging and their domestic politics. We\u2019re trying to build trust with them, and that\u2019s what they asked us to do, so we agreed to do it.\u201d<\/p>\n<p>Iran\u2019s Foreign Minister Seyed Abbas Araghchi\u00a0warned on social media June 12 against speculation on the deal which \u201chas never been closer\u201d and said details would be shared with the public \u201cin due course.\u201d<\/p>\n<h4>Nuclear weapons<\/h4>\n<p>The 14-paragraph \u201cIslamabad memorandum of understanding between the United States of America and the Islamic Republic of Iran,\u201d which the second senior administration official read on the call, declares an \u201cimmediate and permanent termination of military operations on all fronts, including in Lebanon.\u201d<\/p>\n<p>The White House declined to provide a written copy of the MOU to reporters.<\/p>\n<p>Israel\u2019s Prime Minister Benjamin Netanyahu has\u00a0not agreed publicly to withdraw forces from Lebanon, which emerged as a second front of the war that the U.S. launched in tandem with Israel in February.<\/p>\n<p>The U.S. and Iran have 60 days, \u201cextendable with consent\u201d to reach a final deal.<\/p>\n<p>According to the agreement, Iran \u201creaffirms that it shall not procure or develop nuclear weapons.\u201d<\/p>\n<p>The document charges the U.S. and Iran to agree on how to deal with Iran\u2019s buried stockpile of enriched uranium, with the minimum arrangement being the \u201cdown blending\u201d of the material on site under the supervision of the International Atomic Energy Agency.\u00a0\u00a0<\/p>\n<p>\u201cThe two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to the Islamic Republic of Iran\u2019s nuclear needs based on a satisfactory framework being agreed upon in the final deal,\u201d according to the MOU.<\/p>\n<p>Read more <a href=\"https:\/\/northcarolinamovingjournal.com\/?p=489\">Senators okay repeal of NC\u2019s hardened structure ban, dismiss buyouts for threatened coastal homes<\/a><\/p>\n<p>In 2018, Trump\u00a0pulled the U.S. out of a previous nuclear agreement brokered by former President Barack Obama\u2019s administration.<\/p>\n<p>Obama appeared skeptical Saturday of Trump\u2019s nuclear negotiations with Iran.<\/p>\n<p>\u201cIt is doubtful that any agreement that arises is going to be significantly different or a significant improvement from the deal that we had in the first place and had worked for, for a long stretch of time before we, the United States, pulled out of it,\u201d he told\u00a0ABC News\u2019 Robin Roberts.<\/p>\n<h4>Reopening Strait of Hormuz<\/h4>\n<p>The agreement also commits the U.S. to \u201cimmediately\u201d begin the removal of its naval blockade on Iranian ports, with a full and final stoppage to occur within 30 days.<\/p>\n<p>The U.S. will also have to remove military forces from the vicinity of Iran, meaning the American forces \u201cwill return our force posture in the region to that which existed before the conflict started,\u201d according to the administration official.<\/p>\n<p>Roughly 40,000 troops were in the region prior to the war. That number\u00a0increased to approximately 50,000 after Feb. 28.<\/p>\n<p>For its part, Iran must \u201cmake arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa,\u201d according to the agreement.\u00a0<\/p>\n<p>However, the MOU continues: \u201cThe traffic of commercial vessels will immediately start in considering the need for removing the technical and military obstacles, and demining by the Islamic Republic of Iran will be instated within 30 days.\u201d<\/p>\n<p>From there, Iranian officials agreed to negotiate a plan with the sultan of Oman and Persian Gulf states on \u201cfuture administration and maritime services in the Strait of Hormuz.\u201d<\/p>\n<p>The war\u2019s de facto closing of the strait has rocked economies across the globe, as 20% of the world\u2019s petroleum exports passed uninterrupted through the narrow waterway prior to the conflict. Oil prices reached $120 per barrel during the height of the conflict but have fallen to roughly $79 this week.<\/p>\n<p>Article 38 of the United Nations Convention on the Law of Sea\u00a0 passage through straits a right that should not be impeded, though neither the\u00a0U.S. nor\u00a0Iran are party to the international agreement.<\/p>\n<h4>$300B in reconstruction funds<\/h4>\n<p>In perhaps one of the most \u201ccontroversial\u201d parts of the MOU, according to the senior official, Iran could see up to $300 billion in reconstruction funds.<\/p>\n<p>The White House official was quick to downplay the prospect of Iran reaping billions of U.S. dollars.<\/p>\n<p>\u201cNote that it doesn\u2019t require us to do anything to, one, to ever pay a cent of money to the Iranians, (and) to ever contribute money to this reconstruction fund,\u201d the official said.<\/p>\n<p>\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. If they do what they have to do, we will permit the investment and the reconstruction of their country,\u201d the official said.<\/p>\n<p>Additionally, upon the signing of the MOU, the U.S. Department of Treasury will immediately issue waivers for the export of Iranian crude oil and other petroleum products, as well as associated activities, including bank transactions and insurance, according to the document.<\/p>\n<p>Read more <a href=\"https:\/\/northcarolinamovingjournal.com\/?p=487\">NC senators advance bill shifting involuntary commitment evaluations to jails<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump told reporters in France he \u201cmight\u201d stay in Europe for the ceremonial signing of the memo, but doubted it. \u201cThis is a memorandum of understanding. It\u2019s very important, but it might not be the kind of a document that I should be signing,\u201d Trump told reporters at his final press conference of the G7 summit.<\/p>\n","protected":false},"author":1,"featured_media":492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>White House discloses outline of deal to end Iran war, open Strait of Hormuz - North Carolina Moving Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/northcarolinamovingjournal.com\/?p=493\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"White House discloses outline of deal to end Iran war, open Strait of Hormuz - North Carolina Moving Journal\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump told reporters in France he \u201cmight\u201d stay in Europe for the ceremonial signing of the memo, but doubted it. \u201cThis is a memorandum of understanding. 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