US officials say Iran deal calls for diluting uranium at minimum, waiving sanctions, opening strait

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By MICHELLE L. PRICE, MATTHEW LEE, JON GAMBRELL, SAMY MAGDY and MIKE CATALINI

Associated Press

Associated Press

Published: June 17, 2026 astatine 6:13 AM


WASHINGTON (AP) — A draught statement by the United States and Iran calls for Tehran to, astatine a minimum, dilute its stockpile of highly enriched uranium and would waive but not permanently extremity sanctions connected the country, according to U.S. officials who work the connection of the memorandum connected ending the warfare to journalists.

The statement would besides unfastened the Strait of Hormuz toll-free for 2 months and affirm a committedness to Lebanon’s territorial integrity successful the look of Israel’s penetration against the Hezbollah militant group.

U.S. officials dictated the connection to journalists Wednesday aft days of secrecy. They spoke connected information of anonymity to stock the memorandum, which Iran has not yet released.

Meanwhile, Iran suggested the papers could beryllium signed by Presidents Donald Trump and Masoud Pezeshkian. Such a signing ceremonial would correspond a large measurement for the 2 countries, which saw diplomatic relations interruption disconnected successful 1980 implicit the U.S. Embassy hostage situation successful Tehran.

According to the officials, the draught statement includes connection that Iran agrees not to make oregon procure atomic weapons. It besides addresses Tehran’s highly enriched Iranian uranium, requiring that it beryllium downgraded connected tract arsenic a minimum.

In return, the U.S. volition determination to waive, but not eliminate, immoderate wide-ranging sanctions against Iran erstwhile the woody is signed. The U.S. draught of the statement besides secures escaped transition of the strait for lone 60 days, and it does not preclude fees successful future, the officials said.

The draught besides has provisions to guarantee the territorial integrity of Lebanon aft Israel’s latest attacks against Hezbollah successful Lebanese territory. Israel has rejected the imaginable of withdrawing from Lebanon, but the archetypal constituent the statement expressly states is that with the signing of the memorandum, subject operations successful Lebanon indispensable stop.

Under the Obama-era atomic statement with Iran that Trump pulled retired of successful his archetypal term, Iran besides agreed to restrictions connected its atomic programme and promised ne'er to physique an atomic weapon. The Islamic Republic maintains that its atomic programme is peaceful.

Meanwhile successful Iran, Foreign Ministry spokesperson Esmail Baghaei was quoted by Iranian authorities tv talking astir the imaginable for the 2 presidents to motion the pact.

Pezeshkian became president connected a committedness of seeking amended relations with the West. However, he’s been sidelined for months aft Iran’s wide sidesplitting of protesters successful January and successful the warfare arsenic hard-liners person taken implicit the levers of the country’s theocracy.

Trump casts uncertainty connected signing plans

Trump formed immoderate uncertainty connected whether the signing would hap arsenic planned. Asked however assured helium was that the ceremonial would instrumentality place, Trump remarked connected the unpredictability of deals.

“You ne'er cognize with deals, bash you? But you’re going to find retired beauteous soon,” helium said.

The U.S. and Israel went to warfare connected Feb. 28 successful portion to forestall Iran from ever getting a atomic weapon, though Trump's goals successful the struggle person repeatedly shifted. The interim woody stops the warfare earlier that purpose is secured. Instead, it opens a two-month play for atomic negotiations and appears to connection Iran respective benefits up beforehand portion extracting small successful return.

The U.S. statement to instantly let Iran to merchantability its lipid freely and the connection to yet assistance each sanctions correspond large concessions that spell beyond the presumption of Iran’s 2015 atomic woody with satellite powers. Trump withdrew America from that pact successful his archetypal term, declaring it the “worst woody ever.”

The accord apt volition gully aggravated absorption successful Washington, and it appears to beryllium a large setback for Israeli Prime Minister Benjamin Netanyahu, who has travel nether disapproval astatine location from the media, his opponents and adjacent immoderate allies arsenic details emerge.

The woody volition halt the warring and commencement much negotiations

Much of the statement would reconstruct the presumption quo earlier the war, including ending hostilities, restarting talks betwixt the U.S. and Iran implicit Tehran's atomic program, and reopening the strait, which is simply a important transition for the world’s lipid and earthy state and whose closure created a historical vigor crisis.

The woody includes an extremity to the warring successful Lebanon betwixt Israel and the Iranian-backed militia Hezbollah. That is 1 of the astir delicate parts of the statement due to the fact that Israel has maintained it volition proceed to support itself and to inhabit immense swaths of Lebanon. Iran has said Israel indispensable retreat nether the deal.

The White House and different American officials person not published the presumption and did not instantly respond to questions.

Trump has cited assorted goals for the war, including astatine times vowing it would extremity Iran’s atomic and rocket programs and its enactment for Hezbollah and different proxy groups successful the region. He besides suggested it could pb to toppling the Iranian government.

The interim woody falls abbreviated of each of these goals, but Trump hailed it Wednesday.

“Nobody knows what it is, but it’s precise strong,” Trump said successful France, wherever helium attended a Group of Seven summit.

But helium besides opened the doorway to abandoning it: “It’s a memorandum of understanding, and if I don’t similar it, we’ll spell backmost to shooting astatine them, dropping bombs.”

Major concessions person been offered to Iran

Some concessions to Iran — including the afloat lifting of sanctions and the merchandise of frozen assets — would hap gradually and beryllium linked to advancement successful the atomic talks, according to officials from Pakistan, a cardinal mediator. They outlined immoderate of the deal’s large points connected information of anonymity due to the fact that of the sensitivity of the issue.

But successful the meantime, the U.S. volition contented waivers to sanctions that let Iran to merchantability lipid freely.

The Islamic Republic's lipid export revenues successful 2024 were much than $46 billion. Its main purchaser of oil, China, is believed to person bought astatine below-market prices due to the fact that of its willingness to disregard the sanctions.

Granting lipid waivers astatine the commencement of the 60-day talks strips the U.S. of a large constituent of leverage. Only astatine the decision of the wide woody successful 2015 were sanctions connected Iran's lipid lifted.

The interim woody besides opens the doorway to ending each sanctions Iran faces from the U.S. and astatine the U.N. — including those implicit Tehran’s weapons programs and quality rights abuses — though it says the docket for that volition beryllium worked retired later. Still, that acold surpasses the 2015 deal, which lone lifted immoderate sanctions successful speech for Iran drastically reducing its enrichment and stockpile of uranium.

The accord would besides supply Iran with astatine slightest $300 cardinal to rebuild — an bonzer fig and different large payment for Iran. The wealth besides appears babelike connected the advancement of further negotiations.

U.S. Vice President JD Vance has said Gulf Arab nations would put that amount. But Gulf countries would apt beryllium reluctant to assistance Iran aft Iranian attacks successful the warfare destroyed lipid facilities and different sites successful their territory.

Trump reiterated Wednesday that the U.S. would not lend and said it was up to different countries if they wanted to invest.

The pact would supply alleviation to the planetary economy

The woody provides a large triumph for the planetary system — the reopening of the Strait of Hormuz, the constrictive rima of the Persian Gulf done which a 5th of each lipid and earthy state traded erstwhile passed earlier the warfare began. Since then, Iranian attacks connected shipping and the menace to vessels efficaciously unopen the strait.

The strait's closure drove up vigor prices astir the satellite and made galore basics, including food, much expensive. Iran fto retired immoderate vessels that paid tolls, thing ne'er done earlier successful the strait, which has agelong been considered an planetary waterway. The U.S. aboriginal provided subject enactment to get different tankers out, but postulation was obscurity adjacent levels earlier the war.

The woody besides says the U.S. volition assistance a blockade imposed connected Iranian ports and that the strait volition instrumentality to its prewar postulation levels successful 30 days, portion acknowledging Iranian mines whitethorn request to beryllium destroyed.

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Magdy reported from Cairo. Catalini reported from Morrisville, Pennsylvania. Associated Press writers Aamer Madhani successful Evian-les-Bains, France, Darlene Superville successful Geneva and Munir Ahmed successful Islamabad contributed to this story.

Copyright 2026 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.

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