06/17/2026
Leaked U.S.-Iran Memorandum Outlines Ceasefire, $300 Billion Reconstruction Fund, and Sanctions Relief
A purported Memorandum of Understanding between the United States and Iran has surfaced, detailing a sweeping framework to end hostilities, according to leaked documents and reports from Iranian media and international sources . While the text remains unverified by independent sources, the 14-point document reportedly includes provisions for an immediate and permanent end to the war on all fronts, including Lebanon .
Key terms outlined in the draft include a U.S. commitment to lift its naval blockade within 30 days, waive oil sanctions, and release tens of billions of dollars in frozen Iranian assets . The document also references a $300 billion reconstruction and economic development plan for Iran, though U.S. officials have stated that this funding would come from Gulf allies, not American taxpayers . In return, Iran has agreed to reopen the Strait of Hormuz to shipping and reiterates its commitment not to produce nuclear weapons, leaving the fate of its enriched uranium stockpile for future negotiations .
President Donald Trump has dismissed earlier reports of the deal's terms as "fake news," insisting the leaked provisions do not match what was agreed upon . An official signing ceremony is scheduled to take place in Geneva on June 19, with a 60-day window to negotiate a final agreement.