US-Iran 14-Point Memorandum Outlines Hormuz Peace Deal

By Aurax Radio | June 18, 2026 | 2 min read

A newly signed United States-Iran memorandum of understanding sets out a 14-point framework aimed at ending hostilities and restoring full maritime access through the Strait of Hormuz. The agreement, described in leaked drafts and official summaries reported by multiple international outlets, establishes a staged plan for ceasefire implementation, security de-escalation and the resumption of commercial shipping through one of the world's most important energy corridors.

Iranian President Masoud Pezeshkian holds up a signed document during a televised address announcing a U.S.-Iran memorandum of understanding.

Iranian President Masoud Pezeshkian displays a signed memorandum of understanding following the announcement of a 14-point U.S.-Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz.

According to reporting from TIME, CBS News, CNN and Al Jazeera, the framework includes the following provisions:

Immediate cessation of offensive military operations.
Withdrawal of designated naval assets from direct engagement zones.
Reopening of the Strait of Hormuz to unrestricted commercial shipping.
Establishment of joint maritime safety and coordination channels.
Phased de-escalation of missile and drone activity in the region.
Creation of verification mechanisms to monitor ceasefire compliance.
Exchange of prisoners and detainees held by both sides.
Temporary suspension of new conflict-related sanctions.
Limited easing of financial restrictions affecting humanitarian trade.
Commitments to protect oil, gas and other critical energy infrastructure.
Formation of a monitoring group that includes neutral international observers.
Reopening of diplomatic communication channels between the parties.
A 60-day negotiation period to address longer-term security and nuclear-related issues.
A dispute-resolution process involving mediated international talks in the event of alleged violations.

The memorandum describes the process as phased and conditional, with implementation tied to compliance by both sides. While the agreement is not a formal treaty, it establishes a framework for reducing tensions and restoring commercial activity through the Strait of Hormuz, a strategic waterway through which a significant share of the world's oil shipments pass.

The signing of the memorandum, which reports indicate was authorized by U.S. President Donald Trump on behalf of Washington, comes amid heightened concern over global energy security following months of military confrontation and disruptions to Gulf shipping routes. Diplomats are expected to continue negotiations in the coming weeks to determine the long-term durability of the ceasefire and address broader issues including sanctions, regional security and Iran's nuclear program.

Sources: CNN, TIME, CBS News, Al Jazeera.

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