Hormuz Reopening, Frozen Funds, Nuclear Talks: What’s Inside The 14-Point US-Iran Peace Deal

Published 15 June 2026 · world

Hormuz Reopening, Frozen Funds, Nuclear Talks: What’s Inside The 14-Point US-Iran Peace Deal Published By, Last Updated: June 15, 2026, 07:57 IST The draft US-Iran

Hormuz Reopening, Frozen Funds, Nuclear Talks: What’s Inside The 14-Point US-Iran Peace Deal Published By, Last Updated: June 15, 2026, 07:57 IST The draft US-Iran peace pact includes sanctions relief, release of frozen assets, Hormuz reopening and a 60-day path to nuclear talks. People walk near a mural depicting the late leader of the Islamic Revolution, Ayatollah Ruhollah Khomeini (Photo: AFP) The United States and Iran have reached a preliminary peace agreement aimed at ending more than three months of war, reopening the Strait of Hormuz and launching a new round of negotiations over Tehran’s nuclear programme. The framework agreement, announced through mediator Pakistan and later confirmed by officials in Washington and Tehran, is scheduled to be formally signed in Switzerland on June 19. While the full text of the memorandum of understanding (MoU) has not been officially released, Iran’s Mehr News Agency, citing a source close to Iran’s negotiating team, has reported what it says are details of a 14-point draft agreement that formed the basis of the breakthrough. The reported provisions outline a broad roadmap covering a ceasefire, sanctions relief, release of frozen Iranian assets, reopening of vital shipping routes and a process for negotiating a final settlement on Iran’s nuclear programme. Iranian authorities have stressed that the draft still requires review and approval by the country’s relevant institutions. CEASEFIRE AND END OF HOSTILITIES AT THE CENTRE OF DEAL According to the report, the first provision calls for a “permanent and immediate" end to the war on all fronts, including Lebanon.

The agreement also includes a US commitment to respect Iran’s sovereignty and refrain from interference in its internal affairs. The draft further envisages the lifting of the naval blockade within 30 days and a US commitment to withdraw forces deployed around Iran. Another major provision calls for the reopening of the Strait of Hormuz within 30 days under arrangements overseen by Iran. The framework follows a conflict that has killed thousands of people, mostly in Iran and Lebanon. The war saw Iran effectively block the Strait of Hormuz. At the same time, US forces responded by blocking Iranian ports, contributing to a major energy crisis and sharp increases in global fuel prices. THE 14 POINTS OF THE US-IRAN PEACE DEAL According to Mehr News Agency, the draft memorandum contains the following provisions 1. Permanent and immediate end to war on all fronts, including Lebanon. 2. US commitment to non-interference in Iran’s internal affairs and respect for Iranian sovereignty. 3. Complete lifting of the naval blockade within 30 days. 4. US commitment to withdraw forces from around Iran. 5. Reopening of the Strait of Hormuz within 30 days under Iranian arrangements. 6. Suspension of sanctions on Iranian oil and petrochemical sales and restoration of access to financial resources. 7. Reconstruction plans worth at least $300 billion to be presented by the US and its allies.