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Vance says US, Iran ‘already signed the deal digitally’ Sunday; hopes to release text this week

The memorandum would reopen the Strait of Hormuz and tie sanctions relief to Iran’s compliance, with 20% of global oil flow at stake, officials said.

  • On Friday, The United States and Iran reached an agreement to potentially end the months-long war in the Middle East, with President Donald Trump announcing the lifting of the naval blockade on Iranian ports.
  • Iran's economy has struggled under sanctions and war, driving consumer prices higher and disrupting business, while Tehran made unfreezing assets a key demand in the talks seeking economic relief.
  • The MOU includes 14 points, according to Mehr News, but leaves key issues unresolved, including Tehran's stockpile of highly enriched uranium and the future of Lebanon.
  • Residents expressed skepticism; Kaveh Ahmadi hopes for price stabilization, while Abdullah Mohammadi told The Associated Press he remains "not optimistic" given The United States's past withdrawal from the 2015 nuclear deal.
  • Sanam Vakil, director of the Middle East and North Africa program at Chatham House, noted the framework exists as The MOU rather than a signed peace agreement, warning observers to prepare for "hiccups.
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Gazeta broke the news in Poland on Sunday, June 14, 2026.
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