{"id":351594,"date":"2026-06-16T05:38:25","date_gmt":"2026-06-16T00:08:25","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=351594"},"modified":"2026-06-16T05:38:25","modified_gmt":"2026-06-16T00:08:25","slug":"iran-and-the-u-s-have-a-deal-what-we-all-know-and-whats-still-unclear-national","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/06\/16\/iran-and-the-u-s-have-a-deal-what-we-all-know-and-whats-still-unclear-national\/","title":{"rendered":"Iran and the U.S. have a deal. What we all know \u2014 and what\u2019s still unclear – National"},"content":{"rendered":"

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Iran and america are trumpeting their tentative agreement aimed toward ending their war as a victory. But thus far there is no such thing as a word on what\u2019s actually in it.<\/p>\n

The memorandum of understanding, brokered mainly by Pakistan, starts with the simultaneous lifting of Iran\u2019s closure of the Strait of Hormuz and the U.S. blockade of Iran\u2019s ports, based on Pakistani officials. The 2 sides will then begin 60 days of negotiations over Iran\u2019s nuclear program and the potential lifting of sanctions, they told the AP, speaking on condition of anonymity since the text is being kept confidential.<\/p>\n

That may leave the adversaries roughly where they where they were 3 1\/2 months ago \u2014 before Israel and the U.S. on Feb. 28 launched their war on Iran, which has left hundreds dead across the region, triggered a worldwide energy crisis and shook the American economy with an inflation surge.<\/p>\n

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Much stays unknown, including whether the deal says anything about Iran\u2019s missile program or support for its regional allies like Lebanon\u2019s Hezbollah, two issues that the U.S. and Israel cited to justify the war. One other major query is the way it addresses Lebanon: Israel and Hezbollah aren’t parties to the deal, and their fighting could blow up the arrangement.<\/p>\n

Here\u2019s what to know:<\/p>\n

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\n\t\t\t\tThe deal would get the oil flowing again\t\t\t<\/h2>\n<\/p><\/div>\n

Once the deal is signed \u2014 expected on Friday \u2014 the Strait of Hormuz will reopen and the U.S. will lift its blockade, U.S. President Donald Trump said. The announcement triggered a drop in oil prices and a surge in stock markets. Trump said Iran wouldn’t charge a toll for passage of ships \u2014 a requirement made by Tehran \u2014 suggesting that the deal restores the prewar established order.<\/p>\n

Iran\u2019s closure on the strait, through which around a fifth of the world\u2019s oil supplies must pass to succeed in markets, proved perhaps its strongest weapon. It drove up fuel prices, made food and other basics like fertilizer dearer well beyond the region and helped push inflation within the U.S. as much as 4% ahead of midterm elections later this yr.<\/p>\n

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The U.S. blockade, imposed after an initial ceasefire was reached on April 7, cut off the billions Iran earned from oil exports and further crippled an economy that was hit hard by the war.<\/p>\n

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The 60-day period of negotiations may be prolonged if there’s progress, Iranian Foreign Minister Abbas Araghchi said Friday.<\/p>\n

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What will not be known is whether or not the brand new agreement puts the 2 sides any closer than they were in negotiations months ago, when the U.S. and Israel launched their surprise attack on Iran.<\/p>\n

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The U.S. and Israel fear Iran\u2019s nuclear program could lead on to an atomic weapon, a essential reason their leaders cited for going to war. Tehran has insisted its nuclear efforts are for peaceful purposes.<\/p>\n

Central to U.S. demands is the removal or dilution of Tehran\u2019s highly enriched uranium. Iran up to now resisted U.S. terms over the stockpile, and a significant query can be whether the text of the agreement explicitly commits Iran to eliminating it. Iran developed the stockpile after Trump in 2018 unilaterally pulled out of the 2015 deal that had put limits on Iran\u2019s nuclear program.<\/p>\n

Iran has demanded the lifting of international sanctions and unfreezing of billions of dollars in assets, moves vital to resuscitating its economy. The Pakistani officials said the deal outlines a phased process for relieving sanctions and releasing frozen assets, tied to progress within the talks.<\/p>\n

The Trump administration has said its goals within the war were to \u201cobliterate\u201d Iran\u2019s missile arsenal and \u201csever its support\u201d for proxies across the region, as well \u201cannihilate its navy\u201d and ensure Iran never acquires a nuclear weapon.<\/p>\n

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The seven weeks of U.S.-Israeli bombardment are believed to have heavily damaged Iran\u2019s missile arsenal and production facilities in addition to other parts of its military. How heavily will not be known, and Iran has continued to fireplace missiles and perform drone strikes. Few analysts think Iran cannot rebuild its capabilities.<\/p>\n

Iran\u2019s ties with its allies \u2014 Hezbollah in Lebanon, the Houthis in Yemen and Shiite militias in Iraq \u2014 appear strong as ever. There was no indication that the deal addresses either the missile program or support for proxies, though a final text when it emerges could show otherwise.<\/p>\n

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