{"id":144241,"date":"2026-06-18T06:02:47","date_gmt":"2026-06-18T06:02:47","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/us-and-iranian-presidents-sign-deal-aiming-to-end-war\/"},"modified":"2026-06-18T06:02:47","modified_gmt":"2026-06-18T06:02:47","slug":"us-and-iranian-presidents-sign-deal-aiming-to-end-war","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/us-and-iranian-presidents-sign-deal-aiming-to-end-war\/","title":{"rendered":"US and Iranian presidents sign deal aiming to end war"},"content":{"rendered":"
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The presidents of the US and Iran have signed an initial peace deal aiming to end the war, allowing it to immediately take effect.<\/p>\n

The agreement includes reopening the Strait of Hormuz, a $300bn (\u00a3224bn) plan for Iran\u2019s \u201creconstruction\u201d, and the US terminating \u201call types of sanctions\u201d on Iran.<\/p>\n

But the issue of Iran\u2019s nuclear programme, the main reason stated by the US for the conflict, is still to be negotiated over an extendable 60-day period.<\/p>\n

US President Donald Trump, who signed the deal in France during the G7 summit, defended the proposal, saying it would stave off an \u201ceconomic catastrophe\u201d. He warned, though, that the US would \u201cbomb the hell\u201d out of Iran if no final deal emerged.<\/p>\n

Iranian President Masoud Pezeshkian also signed the document on Wednesday, Tehran confirmed.<\/p>\n

Iran\u2019s parliamentary speaker and key negotiator Mohammad Bagher Ghalibaf told state media his distrust of the US remained, and Iran\u2019s \u201cfinger is on the trigger\u201d.<\/p>\n

\u201cIf the enemy does not understand the language of logic, we will enter again with the language of power,\u201d he told state broadcaster Fars.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The US and Israel launched the war on Iran on 28 February, assassinating Supreme Leader Ayatollah Ali Khamenei and top military officials on the first day.<\/p>\n

But since that time the conflict has spiralled, driving up energy prices and renewing inflationary pressures as Iran imposed a de facto closure of the Strait of Hormuz, a key trade waterway through which around 20% of the world\u2019s oil and liquefied natural gas (LNG) usually passes.<\/p>\n

Trump told reporters in France at the lakeside resort of Evian-les-Bains, where the G7 summit took place, that the plan would avert \u201cworldwide depression\u201d.<\/p>\n

\u201cI didn\u2019t want to see economic catastrophe,\u201d Trump told reporters. \u201cIf you kept this going, that could have happened.<\/p>\n

\u201cAll I know is every time we talked about the possibility of peace, the stock market shot up like a rocket ship,\u201d he added.<\/p>\n

\u201cEvery time we said something negative, like, guess what, we\u2019re not going to be able to settle, it would go down very big.\u201d<\/p>\n

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Oil prices dipped after the agreement was announced.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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In early Asia trading on Thursday, Brent crude was around 1% lower at $78.79 (\u00a359.21) a barrel, but it remained about $8 higher than before the conflict started.<\/p>\n

Trump signed a hard copy of the initial deal, called a memorandum of understanding, during a state dinner hosted by French President Emmanuel Macron at the Palace of Versailles.<\/p>\n

The text says the US and Iran will \u201ccommit to negotiating and achieving the final deal in maximum 60 days, extendable with mutual consent\u201d.<\/p>\n

The agreement says \u201cIran reaffirms that it shall not procure or develop nuclear weapons\u201d, which was Trump\u2019s number one condition since the start of the war.<\/p>\n

The memo also says that Iran\u2019s enriched uranium will be \u201cdown-blended\u201d \u2013 meaning diluted \u2013 on site, under the auspices of the IAEA, the UN\u2019s nuclear watchdog.<\/p>\n

Originally, the US had demanded that the nuclear material be removed from the country entirely.<\/p>\n

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As for the Strait of Hormuz, there will be no charges for ships going through the critical waterway for 60 days, according to the agreement.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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But the memo leaves open the possibility of future charges. There were none before the conflict.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The post US and Iranian presidents sign deal aiming to end war<\/a> appeared first on KBC Digital<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The presidents of the US and Iran have signed an initial peace deal aiming to end the war, allowing it to immediately take effect. The agreement includes reopening the Strait of Hormuz, a $300bn (\u00a3224bn) plan for Iran\u2019s \u201creconstruction\u201d, and the US terminating \u201call types of sanctions\u201d on Iran. But the issue of Iran\u2019s nuclear […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-144241","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/144241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=144241"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/144241\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=144241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=144241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=144241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}