$300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?
- Posted on June 18, 2026
- By Business News Today
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- 1 min read
$300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?
US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, economic cooperation, and de-escalation of military tensions. The agreement includes provisions for releasing frozen assets and reopening the Strait of Hormuz, with both nations entering a 60-day negotiation period to finalize a comprehensive deal.
