Jacob Smith

18 Jun 2026

The United States and Iran have officially signed a new memorandum of… – Jacob Smith

The United States and Iran have officially signed a new memorandum of understanding extending the ceasefire and reopening the strategically vital Strait of Hormuz. Signed by President Donald Trump during the G7 summit in France, the 14-point agreement includes commitments aimed at preventing Iran from acquiring nuclear weapons and outlines a proposed $300 billion reconstruction and development fund. The deal is being viewed as a significant step toward easing regional tensions and restoring stab