A detailed agreement text published by N12 outlines what the United States and Iran have reportedly agreed in principle, with the story published on June 17, 2026 at 20:26. The memo says both sides, and their allies in the current war, would declare an immediate and permanent halt to military activity on all fronts, including Lebanon, and pledge not to start another war, threaten or use force against each other, while preserving Lebanon’s territorial integrity and sovereignty.
The draft says the final deal should be completed within 60 days, with a possible extension by mutual consent. It also says the United States would begin lifting its naval blockade and other restrictions on Iran immediately after the memo is signed, finish removing them within 30 days, and pull its forces away from Iran within 30 days after the final agreement. In parallel, Iran would ensure safe commercial shipping from the Persian Gulf to the Gulf of Oman and back for 60 days without payment, while traffic resumes immediately and full movement is restored within 30 days after technical, military and mine-clearing obstacles are removed.
On the economic side, the United States, together with regional partners, would draft a final recovery and development plan for Iran worth at least $300 billion. Washington would also provide the licenses, exemptions and permits needed for financial transactions, lift all sanctions on Iran, including UN Security Council decisions, IAEA Board of Governors resolutions, and all U.S. primary and secondary sanctions, according to a timetable to be agreed in the final deal.
The draft says Iran reaffirms that it will not acquire or develop nuclear weapons. The two sides would jointly decide how to handle accumulated enriched uranium, with the minimum method being on-site dilution under IAEA supervision. They would also discuss enrichment and other nuclear needs within an agreed framework, while maintaining the status quo until the final accord is signed, meaning Iran keeps its current nuclear program and the U.S. imposes no new sanctions or additional troop deployments. The final agreement would be backed by a binding UN Security Council resolution, and both sides would establish an implementation mechanism to oversee compliance.
