Hormuz, Sanctions Relief And Troop Withdrawal: 5 Big Promises In Trump's Proposed US-Iran Deal
Hormuz, Sanctions Relief And Troop Withdrawal: 5 Big Promises In Trump's Proposed US-Iran Deal Written By, Last Updated: June 12, 2026, 15:49 IST Negotiators have
Hormuz, Sanctions Relief And Troop Withdrawal: 5 Big Promises In Trump's Proposed US-Iran Deal Written By, Last Updated: June 12, 2026, 15:49 IST Negotiators have drafted a proposed Memorandum of Understanding that could serve as the foundation for a broader agreement between the United States and Iran Rapid Read US President Donald Trump speaks in the Oval Office, with Vice President JD Vance and Secretary of State Marco Rubio standing behind him, at the White House in Washington, DC, US. (IMAGE: REUTERS) After weeks of military escalation, threats over oil infrastructure and fears of a wider conflict in the Gulf, Washington and Tehran appear to be exploring a diplomatic off-ramp. President Donald Trump on Friday said the US has “ended the war with Iran" and announced a “great settlement" that he said would resolve the US-Iran-Israel conflict and reopen the Strait of Hormuz. Trump said US Vice-President JD Vance may attend a signing ceremony in Europe within days, adding that Iran’s supreme leader was on board. However, the Iranian Foreign Ministry spokesperson said his country had not yet reached a final decision on any agreement. According to Bloomberg, negotiators have drafted a proposed Memorandum of Understanding (MoU) that could serve as the foundation for a broader agreement between the United States and Iran. While the document is not a final peace deal, it outlines a series of commitments aimed at lowering tensions, restoring stability in global energy markets and creating space for further negotiations.
Here are the five biggest provisions reportedly included in Trump’s proposal. 1. Iran Would Reopen The Strait Of Hormuz At the heart of the proposed agreement is the Strait of Hormuz, the narrow waterway that connects the Persian Gulf to the Arabian Sea and carries roughly one-fifth of the world’s oil trade. ALSO READ | Will US Release Tehran’s Funds? The Iran Peace Push Comes With A $16 Billion Question According to Axios, Iran will agree to fully reopen the strait within 30 days and allow the free movement of commercial shipping without imposing restrictions, tolls or other barriers. The provision is significant because concerns over disruptions in Hormuz have repeatedly rattled global markets. Any prolonged closure or military confrontation in the waterway could send oil prices soaring and affect economies around the world. The reopening of Hormuz appears to be one of Washington’s primary objectives in the negotiations. 2. The US Would Offer Sanctions Relief In exchange, the United States would begin easing some of the economic sanctions imposed on Iran. Bloomberg quoting Mehr Agency said oil sanctions on Iran will be lifted under the deal—a major step toward ending parts of the economic pressure campaign that has weighed heavily on Iran’s economy for years. While details remain unclear, any easing of sanctions could help Iran increase oil exports, regain access to international financial systems and unlock economic activity that has been restricted under previous US measures. ALSO READ | Israel Says ‘Not A Party To’ US-Iran Deal, Seeks Dismantling Of Nuclear Infra, Proxy Support However, the relief is expected to be tied to Iranian compliance with the agreement’s provisions.
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