Details here: https://www.reuters.com/business/energy/iran-says-draft-us-d...

Key bullets:

What Iran gets:

* The U.S. agrees to release $25 billion of Iran’s frozen assets, including via direct cash transfers, cooperation among regional countries, and financial credit lines.

* Washington, in coordination with its regional allies, would prepare a reconstruction and development plan for Iran, to be negotiated and agreed with Tehran within 60 days.

What the US gets:

* Tehran agrees that it will neither produce nor acquire nuclear weapons.

* Pending a final agreement, Iran would maintain the current status of its nuclear programme, refraining from further uranium enrichment and expansion of nuclear facilities.

* The United States agrees to allow Iran to dilute its stockpile of highly enriched uranium on Iranian soil under a future comprehensive agreement.

* Iran’s nuclear programme, uranium enrichment activities and mechanisms for handling its stockpile of highly enriched uranium would be negotiated within 60 days of the memorandum and addressed in a final agreement.

I’m an Iranian in my 40s, and the regime and Western countries have been negotiating for most of my life. I remember being in high school when the first nuclear talks began, and ever since, it has been a never-ending series of talks, understandings, and plans without any real conclusion. I remember there were cases when they talked for weeks, and their main achievement was agreement on the time and place of the next negotiations. Today’s “deal” is no different. No party is releasing an official text; apparently, it’s not a real deal but a memorandum of understanding outlining a plan for further talks over the next 60 days. Another 60 days on top of the last two decades.

And all of these have only bought time and money for the regime to continue its nuclear ambitions, terrorism plans, and oppress the people of Iran, including almost daily executions of innocent protestors during the last few months as these negotiations went on.

The truth is, it won’t be possible to solve this issue with this approach. You can’t get a snake to sign a document to agree not to be poisonous anymore.

Are the terms of the deal public yet? If they're essentially a return to the status quo ante bellum, that would be a pretty embarrassing conclusion for the US (and would presumably further harden any belief within Iran that the only permanent regime-preserving solution involves accelerating the process of obtaining nuclear weapons).

> Reopening the Strait of Hormuz within 30 days "under Iranian arrangements"

Oh my goodness. So it stays closed for the better part of a month (or more, who knows), then opens up with each ship paying Iran for passage. I very much look forward to how this will be spun as some kind of a "win" for the United States.

We'll see if it happens. Quote: "mediators will facilitate a series of meetings this week. These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony." It's concepts of a plan all over again

Confirmation from Iran's Security Council.[1]

It's just a 60-day cease fire extension, according to the New York Times.

Trump posted something on Truth Social. There's no announcement on the U.S. Department of State site. That's full of a deal between the US Government and the Ultimate Fighting Championship people.

Compare with the April 8th ceasefire.[2]

Al Jazeera, which reports on this in detail because their readership is in the target area, is trying to figure it out.[3]

[1] https://www.iranintl.com/en/liveblog/202606139149

[2] https://www.aljazeera.com/news/2026/4/8/us-iran-ceasefire-de...

[3] https://www.aljazeera.com/news/2026/6/14/will-the-us-iran-de...

At the very least it should quell the markets for this week.

Is this going to end Israel’s offensive into Lebanon? It isn’t clear. It may be that Israel has permanently expanded its borders into the ethnically cleansed southern Lebanon just like it has into Syria recently. This is what Katz is saying:

https://www.ynetnews.com/article/qeko153ri

I wonder how the stock markets will react tomorrow. I know someone who turned $6k into $150k by buying options on war related news. The logic is that the markets will almost certainly go up, so bet big at a time like this.

It sounded like an easy way to lose $6k, but maybe the upside is worth the risk. I don’t have any experience to know whether this is a sufficiently good bet though.

With nuclear questions to be resolved at a later time. Wasn't total disarmament the core, non-negoitable for this entire conflict?

5 days is forever in the history of these negotiations.

I would be shocked if it actually happens.

"For purposes of mine removal" -- what the hell is that line about ...

It's the last bump before I liquidate all my stocks. I predict that the crash will come at the end or the beginning of the next president which is likely democrat.

Not that it's democrat's fault but democrat is more disciplined

Surely trump deserves the Nobel prize for this deal!

What are the odds of the optimal deal being reached on Trump's birthday (Eastern Time)? Who knows, maybe US stalled before, and/or gave a little extra concession to conclude today.

Trump says "The Deal with the Islamic Republic of Iran is now complete." The deal opens the Strait of Hormuz to all, while leaving the thorniest nuclear issues for another day.

So basically the same as when the war started.

According to the NY times, its a 60 day ceasefire on all fronts, and a return to pre-war status on issues like the (blockade, tolls, nuclear program, sanctions) starting this coming Friday. Also on Friday, a new round of negotiations will begin to discuss these issues.

So basically, both sides agreed to go back to the pre-war status quo for 60 days while negotiations continue.

Except one thing so far, apparently Trump has agreed to unfreeze Iranian financial assets.

Remember: the reason Trump said Obama's nuclear agreement was terrible was because Obama was "paying the Iranians to not develop nuclear weapons". What Obama did, was pay them out of these frozen assets. Which trump just gave them back for free, and without a nuclear deal.

Trump said they would sign something today.

An hour later, now they're not signing anything until Friday.

Total capitulation by America, Israel might not even be on-board with this deal, and Trump still has 5 days to chicken out or forget.

We had a once in a lifetime opportunity to completely destroy the theocratic regime and we did not finish the job. This "deal" (or what transpired of it) is pathetic and will only allow the mullahs to rearm and come back stronger in the future. We will live to regret not resuming combat operations and weakening the regime until it isn't a threat to anyone.

Well Obama gave $3 billion dollars in cash to Iran. Atleast he didn't do that, right? RIGHT???

I don’t know how this is worse for the US or the World. Iran’s leadership and military was decapitated. It’s in the best interest of US, Europe and Israel and the Middle East. The nuclear program had a huge setback.

What are the counter arguments to these facts if we really end up in peace with Iran along with the bad actors gone too?

From Al Jazeera:

>According to remarks carried by the Tasnim news agency, Iranian Deputy Foreign Minister Kazem Gharibabadi said negotiations for a final deal will be held during a 60-day period, after verifying that the US implemented its commitments under the deal, including ending hostilities, lifting the blockade, and releasing frozen assets.

So, it's an even worse position for the US than before launching the war.

There is no way Iran didn't gain on this, US would be lucky to hit status quo. The clown in chief is a moron and they know it and will exploit it.

Depends who you ask, I think.

It looks like it is more an MoU than a deal, and I think that allows Trump the cover to drip feed out how humiliating it is, because this isn't the kind of band-aid you rip off all at once.

If I were a betting man I would bet that between now and Friday there will be too much news coverage of just how humiliating this is for the USA, how bad a deal it is, and how much of failure it is, and Trump himself will pull out of the deal. This has, allegedly, happened at least once.

But Iran now seem to be a bit better schooled in how to actually get him to agree, so perhaps they will be persuaded to smile a shit-eating grin while he takes a victory lap, and simply keep the most humiliating details of it under wraps until he signs.

How long it is before Trump claims to renegotiate it, who knows. Just the other day Trump said he might not renew USMCA — his own prior great achievement of loudly renegotiating NAFTA to be not significantly worse.

The conclusion has long been embarassing unless we live under a rock.

The US president has been played like a fool by the Israelis and Iran has inflicted a humiliating defeat to the US and its allies by leveraging cheap asymmetric warfare.

The commencement, duration and conclusion are all embarrassing for the US because the entire country is run by b list right wing media bros

DoW under Trump has basically disfigured Iran militarily and at this point their leadership will have to be outright mad and suicidal or both to pursue a nuclear weapon ..

It's much worse than that. This gives Iran de jure control of traffic in the strait.

Iran had already passed the IAEA red-line of enriching uranium to 60%. They had already accomplished virtually all the hard parts of building a bomb.

https://fordow.net/blog/posts/enriched-uranium-proliferation...

Is a good explainer about uranium enrichment.

> The most alarming aspect of 60% enrichment is how close it brings a country to weapons-grade material 4344. The enrichment work required to move from 60% to 90% is substantially less than the work needed to reach 60% from natural uranium 4546. This means a country with 60% enriched uranium stockpiles could potentially produce weapons-grade material in a matter of weeks or even days.