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16
Jul 2026
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US releases details of agreement with Iran: Strait of Hormuz reopens, all sanctions lifted

According to the BBC, the agreement includes the immediate termination of military operations, the reopening of the Strait of Hormuz, the lifting of all US sanctions, and the creation of a $300 billion fund for the reconstruction and economic development of the Islamic Republic

Trump, Vance & Ghalibaf sign Memorandum of Understanding to end the US–Iran war

The official signing ceremony is scheduled for Friday, possibly in a European country

Nuclear, sanctions & the Strait of Hormuz: The hidden points of the US–Iran agreement

The memorandum presented as a historic success leaves the most critical issues open: uranium enrichment, Tehran’s stockpile, sanctions, and the real inspection mechanism

US–Iran Agreement Near Final Stage: What It Includes for the Strait of Hormuz, While Uranium Stockpiles Remain a Sticking Point

CENTCOM announced the downing of Iranian drones near the Strait of Hormuz as the two sides negotiate the final details of a memorandum of understanding

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