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United States and Iran sign memorandum of understanding to reopen Strait of Hormuz

On June 15, 2026, U.S. President Donald Trump, Vice President J.D. Vance, and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf signed a memorandum of understanding aimed at ending hostilities and reopening the Strait of Hormuz. The official signing ceremony is scheduled for Friday in Switzerland. Trump stated that the strait is partially opening, with safe routes already being used by oil-laden tankers. Iran has reportedly agreed to allow free navigation for 60 days, after which it intends to implement fees for services, a point of contention with the G7 nations. French President Emmanuel Macron expressed support for the deal but opposed the imposition of transit tolls, fearing global price increases. The agreement also includes provisions regarding Lebanon's territorial integrity and the cessation of regional conflicts. However, critical issues, including the timeline for nuclear enrichment suspension and potential sanctions relief, are deferred to future negotiations. Sources note that while the U.S. does not require external military assistance, international presence in the area may be coordinated.

Original Sources

Iran, US agree to halt war and reopen Hormuz
Cyprus Mail · 15 June 2026, 17:26
Inside the US-Iran draft agreement: 14 points explained
Sigmalive English · 15 June 2026, 08:53
US, Iran reach deal to end war, signing set for Friday
en.philenews.com · 15 June 2026, 02:11
Trump insists US-Iran deal to be signed on Sunday
Cyprus Mail · 14 June 2026, 11:38
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en.philenews.com · 14 June 2026, 07:03
Pakistan: US-Iran deal within 24 hours
Sigmalive English · 13 June 2026, 15:20
US and Iran signal a peace deal is close
Cyprus Mail · 12 June 2026, 22:23
Iranian news agency reveals proposed deal to end conflict
Sigmalive English · 12 June 2026, 13:51
Iran peace deal could be signed this weekend, Trump says
en.philenews.com · 11 June 2026, 23:25
CENTCOM downs Iranian drones heading towards Hormuz
Sigmalive English · 7 June 2026, 10:32
Trump: No deal needed to take enriched uranium from Iran
Sigmalive English · 5 June 2026, 10:21
US neutralise tanker attempting to break Iran blockade
Sigmalive English · 3 June 2026, 11:59
Trump rejects reports of pause in US-Iran talks
Cyprus Mail · 2 June 2026, 22:35
Trump threatens renewed military action
Sigmalive English · 20 May 2026, 09:22
China urges Hormuz Strait reopening and ceasefire
Sigmalive English · 15 May 2026, 08:49
US and Iran exchange fire, Trump says ceasefire holds
Sigmalive English · 8 May 2026, 11:52
Iran says confrontation with US has “not yet begun”
Sigmalive English · 5 May 2026, 15:37
Only six ships passed through Hormuz in last 24 hours
Sigmalive English · 30 April 2026, 09:22
Stalemate between the United States and Iran continues
Sigmalive English · 29 April 2026, 09:07
Trump announces 3-week extension of Israel-Lebanon ceasefire
Sigmalive English · 24 April 2026, 09:56
Iran ceasefire extended indefinitely, says Trump
Sigmalive English · 22 April 2026, 11:18
Iran threatens new battlefield responses if war restarts
Sigmalive English · 21 April 2026, 09:54