Story perspectives

Trump, Iran Sign 60-Day MOU, $300 B Deal Opens Hormuz

6/26/2026

Summary

Story summary

President Donald Trump and Iran signed memorandum of understanding on June 17 that ended hostilities and set a 60-day deadline for a nuclear deal.
The deal, negotiated by Pakistan and Qatar, calls for reopening the Strait of Hormuz, lifting U.S. oil blockade, diluting Iran’s uranium and delivering $300 billion in investments.
Qatar’s emir Sheikh Tamim bin Hamad Al Thani urged Trump to hold off on strikes, prompting the cancellation of a U.S. attack.

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Story summary

President Donald Trump and Iran signed memorandum of understanding on June 17 that ended hostilities and set a 60-day deadline for a nuclear deal.
The deal, negotiated by Pakistan and Qatar, calls for reopening the Strait of Hormuz, lifting U.S. oil blockade, diluting Iran’s uranium and delivering $300 billion in investments.
Qatar’s emir Sheikh Tamim bin Hamad Al Thani urged Trump to hold off on strikes, prompting the cancellation of a U.S. attack.