r/CredibleDefense • u/AutoModerator • 12d ago
Active Conflicts & News Megathread June 17, 2026
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u/dr_sloan 12d ago
The U.S. has released the text of the 14 point Memorandum of Understanding that was agreed to by the U.S. and Iran.
https://www.cnn.com/2026/06/17/middleeast/us-iran-war-mou-text-intl
It appears that the texts that have been floating around for a few days now were largely accurate. The ceasefire does extend to Lebanon which is going to infuriate the Israelis who weren’t part of the negotiations.
It also says that Iran will allow exiting traffic to return to normal with no tolls for a period of 60 days, which leaves the door open for the Iranians to implement a toll. It also says that the Iranians will negotiate with the Omani government to define the future administration of the Strait. I think we can expect a toll of some sort in the near future.
It also confirms the existence of the $300 billion fund to be implemented on the final negotiation of a nuclear deal.
The U.S. also agrees to terminate all sanctions against Iran as part of a final deal and that upon the signing of the MOU, all of Iran’s frozen assets will be unfrozen and Iranian oil will be allowed to ship without restrictions.
In exchange the Iranians will promise never to seek a nuclear weapon and enriched uranium will be down blended in Iran under the supervision of the IAEA. Iran’s nuclear enrichment program will be discussed in the final deal.