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Signing Off? Trump Rushes to Turn Page on Iran War

The 14-point memorandum ends active fighting and opens a 60-day window for a final deal, while allowing Iranian oil exports and a $300 billion fund.

  • On Wednesday, President Donald Trump signed a 14-point agreement with Iranian President Masoud Pezeshkian at the Palace of Versailles, France, concluding his G7 trip and ending the military conflict.
  • The memorandum commits the US and Iran to ending military operations, reopening the Strait of Hormuz, and degrading Iran's nuclear capability while establishing a $300 billion reconstruction fund supported by regional partners.
  • Financial waivers under the deal allow Iran to export oil and access frozen assets, marking a significant shift from previous sanctions that choked Iranian oil exports and dealing economic blows to Tehran.
  • French President Emmanuel Macron and NATO Secretary General Mark Rutte welcomed the deal as paving "the way for lasting peace," while Senate Minority Leader Chuck Schumer called it "one of the biggest American disasters."
  • Technical negotiations must conclude within 60 days; former Israeli Consul General Alon Pinkas warned Iran will "gain power over the next two months" as oil inventories run dry and leverage increases.
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Lean Right

When Donald Trump attacked Iran, it was a great success for the Republicans' traditional war hawks. Now when he negotiates a peace deal, the hawks are also pissed.

·Stockholm, Sweden
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El PeriódicoEl Periódico
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Center

Iran's supreme leader, Mojtaba Jameneí, said Thursday that U.S. President Donald Trump sought the signing of the memorandum of understanding with "desperation" and that he was against the agreement but accepted it because of the insistence of Iranian President Masud Pezeshkian. "To reach this stage (the signing of the agreement), politicians, moved by sincere concern and goodwill, made great efforts; and, of course, it was the U.S. President who…

·Barcelona, Spain
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Center

Donald Trump's protocol with Iran leads to strong criticism within his own camp, worried about a reduction in sanctions and massive funding for Tehran.

·France
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Center

Iran's headlines on Thursday adopted a victorious tone following the signing of the US-Iran Memorandum of Understanding for the end of the war, some of which claimed that US President Donald Trump's military plans failed.

·Romania
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Göteborgs-Posten broke the news on Thursday, June 18, 2026.
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