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Trump’s Iran agreement embraces sanctions relief, a policy he and his team once denounced

President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point memorandum of understanding on June 17 to end the conflict. The deal provides Tehran with significant economic relief, including a scheduled removal of all US sanctions. The US has already issued a 60-day Iranian oil license.

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What changed

New details emerge regarding the specific financial concessions, including a $300 billion development fund and the release of frozen assets.

Live updates

  1. Trump Agreement Ends War With Iran Through Sweeping Sanctions Relief

    President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point memorandum of understanding on June 17 to end the conflict. The deal provides Tehran with significant economic relief, including a scheduled removal of all US sanctions. The US has already issued a 60-day Iranian oil license.

    What's confirmed:

    • President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point memorandum of understanding on June 17.
    • The agreement includes the removal of all US sanctions on Iran according to an agreed upon schedule.
    • Iran will receive economic relief through sanction waivers and access to frozen assets.
    • The deal includes a $300 billion development fund for reconstruction.
    • The United States and Iran are no longer openly at war.

    Still unconfirmed:

    • Iran may receive up to $24 billion in unfrozen assets.
    • The agreement may allow for tolls in the Strait of Hormuz.
    • The Trump administration froze $344M in crypto while sanctioning Nobitex.
    • The administration issued a 60-day Iranian oil license.
    confidence 90%
  2. Trump Signs Preliminary Agreement to End War with Iran

    President Donald Trump signed a memorandum of understanding on June 17 to end the war with Iran. The deal includes sweeping waivers on oil sanctions that unlock billions in revenue for Tehran. This policy reverses previous arguments by Trump, JD Vance, and Marco Rubio against providing financial concessions to the regime.

    What's confirmed:

    • President Donald Trump signed a preliminary agreement to end the war with Iran on June 17.
    • The U.S. issued sweeping waivers on Iranian oil sanctions to unlock billions in revenue for Tehran.
    • Donald Trump, Marco Rubio, and JD Vance previously argued that financial concessions to Iran fuel terror.

    Still unconfirmed:

    • Officials in Tehran stated no new commitments had been made despite U.S. claims of progress on the nuclear program.
    confidence 90%