Hormuz, Frozen Funds, Nuclear Talks: 5 Big Things Araghchi Said About US-Iran Deal
Hormuz, Frozen Funds, Nuclear Talks: 5 Big Things Araghchi Said About US-Iran Deal Reported By, Last Updated: June 13, 2026, 02:55 IST Araghchi said the
Hormuz, Frozen Funds, Nuclear Talks: 5 Big Things Araghchi Said About US-Iran Deal Reported By, Last Updated: June 13, 2026, 02:55 IST Araghchi said the proposed memorandum of understanding is only the first stage of a broader diplomatic process. Rapid Read Iranian Foreign Minister Araghchi Iranian Foreign Minister Abbas Araghchi offered the most detailed look yet at a proposed agreement between Iran and the United States that he says could be finalized within days. Speaking about what has become known as the “Islamabad Memorandum of Understanding," Araghchi said the framework agreement would end the current conflict, pave the way for future negotiations and address issues ranging from maritime security to sanctions relief. While emphasising that no final deal has yet been signed, the Iranian foreign minister outlined several key provisions that he said would form the basis of the agreement. Here are five of the biggest takeaways from his remarks 1. Interim Deal Is Just First Step Araghchi said the proposed memorandum of understanding is only the first stage of a broader diplomatic process and warned that future negotiations would depend on its successful implementation. According to him, Iran and the United States have agreed to postpone discussions on Tehran’s nuclear program until a second phase of talks.
“What I should mention is that these negotiations, which will lead to the end of the war, proceed in two stages," Araghchi said. He explained that issues where agreement was possible were included in the first-stage memorandum, while the more difficult nuclear negotiations were deferred to a later phase expected to last 60 days. “We postponed the nuclear issue to the final agreement stage for various reasons, among them that, under the present circumstances, meaningful discussion of it was not possible," he said. His remarks suggest that if the initial agreement is not implemented successfully, negotiations on Iran’s nuclear program may never begin. 2. Hormuz Will Not Return To Pre-War Status Quo One of the clearest messages from Araghchi was that the strategic Strait of Hormuz will not simply revert to how it operated before the conflict. The waterway, through which a significant share of the world’s oil shipments pass, has been at the center of tensions throughout the war. “There is also the issue of the Strait of Hormuz, with its details; the removal of maritime restrictions," Araghchi said while outlining the contents of the memorandum. His comments indicate that a new framework governing maritime traffic and security in the strait is expected to emerge as part of the broader agreement.
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