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Lawmakers Question Source of $300 Billion U.S. Promised Iran in Deal

The deal includes Iran diluting enriched uranium for economic relief and a $300 billion reconstruction fund, officials said.

  • On Wednesday, President Donald Trump and President Masoud Pezeshkian signed an interim agreement to end the Middle East war, with Tehran agreeing to dilute enriched uranium in exchange for a $300 billion reconstruction fund.
  • International Relations Minister Ronald Lamola emphasized that reopening the Strait of Hormuz is essential to mitigate global economic instability and address energy security issues impacting developing nations.
  • A digital memorandum signed by Vice-President J.D. Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf on June 14 facilitated the deal, with Pakistan, the Sultanate of Oman, and Qatar playing a "positive role."
  • Ending sanctions against Iran and working through the United Nations Security Council and International Atomic Energy Agency provides a framework for lasting peace, reinforcing sovereignty and territorial integrity for all nations.
  • Pretoria urges all actors to respect the de-escalation of military conflict, recalling the words of the late Nelson Mandela that "no problem is so deep that it cannot be overcome" through negotiation.
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On 17 June, after one hundred and ten days of war, Washington and Tehran signed a memorandum of understanding to put an end to the conflict between them. This document should be followed by negotiations on matters that it does not resolve. "The World" publishes it in its entirety, with elements of explanation.

·Paris, France
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Naija News - Nigeria News broke the news on Thursday, June 18, 2026.
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