{"id":1825,"date":"2026-06-12T05:37:27","date_gmt":"2026-06-12T05:37:27","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=1825"},"modified":"2026-06-12T05:37:27","modified_gmt":"2026-06-12T05:37:27","slug":"whats-the-deal-what-we-know-about-the-us-iran-peace-agreement-to-be-signed-as-soon-as-this-weekend","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=1825","title":{"rendered":"What’s the deal? What we know about the US-Iran peace agreement to be signed as soon as this weekend"},"content":{"rendered":"
\n

President Trump on Thursday said Iran has pledged never to build or buy a nuclear weapon in an agreement accepted by the US and to be signed in days, marking a breakthrough in negotiations that have been months in the making.<\/p>\n

Read more How 3 million missing barrels of oil are keeping the global economy afloat during Iran war<\/a><\/p>\n

\u201cWe just made a great settlement of the war with Iran,\u201d Trump told reporters at the White House. \u201cAnd we\u2019re going to be subject to finalization of documents, we should get done over the next few days.\u201d <\/p>\n

\u201c[Iran] will not only not have \u2014 they will not purchase, develop in any way, any shape, in any way, shape, or form, a nuclear weapon. They will not have a nuclear weapon,\u201d he added.<\/p>\n

The deal, which Trump said was approved by Iranian Supreme Leader Mojtaba Khamenei, is expected to be signed as soon as this weekend, with Trump saying he would send Vice President JD Vance to sign the document in-person, \u201cmaybe in Europe.\u201d<\/p>\n

\u201cIt\u2019s a great thing,\u201d Trump said. \u201cStock market\u2019s up 1,000 points. That means they like the deal.\u201d<\/p>\n

It comes after The Post reported Iran finalized and submitted a draft to Qatari authorities Wednesday night.<\/p>\n

But what is in the agreement, which has taken more than two months to achieve? Here\u2019s what we know:<\/p>\n

Nuclear negotiations<\/h2>\n

The memorandum of understanding, once signed, will kick off nuclear discussions between the US and Iran.<\/p>\n

Trump\u2019s north star \u2014 stopping Iran from getting nuclear weapons \u2014 is nominally achieved in the text of the MOU itself, as the president said Tehran agreed in the document to never develop or buy a nuclear warhead.<\/p>\n

\u201cMost importantly, we have a deal that Iran will never have a nuclear weapon, which was the whole purpose of what we had to go through to get this, so it was a big, very big thing,\u201d he said.<\/p>\n

But words alone are not enough to satisfy Trump, as Iran in its 2015 nuclear deal with President Obama had already promised never to develop a nuke.<\/p>\n

That\u2019s why further negotiations will still be necessary, with the US seeking the abandonment of Iran\u2019s uranium enrichment program and the destruction, degradation or transfer of the \u201cnuclear dust\u201d still buried deep below the Iranian nuclear sites the US destroyed in last June\u2019s \u201cOperation Midnight Hammer\u201d strikes.<\/p>\n

Trump also promised Israeli Prime Minister Benjamin Netanyahu on Thursday that he would pursue in negotiations limits on Iran\u2019s missile program and Tehran\u2019s financial support of proxy terrorist organizations such as Hamas, Hezbollah and the Houthis.<\/p>\n

\u201cThe Prime Minister expressed his appreciation for President Trump\u2019s commitment that the final agreement at the conclusion of negotiations will include the removal of enriched material, the dismantling of enrichment infrastructure, limits on missile production, and the cessation of Iran\u2019s support for its terrorist proxies in the region,\u201d Netanyahu\u2019s office said in a readout of their call.<\/p>\n

Strait of Hormuz<\/h2>\n

Iran has agreed to reopen the Strait of Hormuz during a 60-day cease-fire and negotiation period \u2014 if the US lifts its blockade of Iranian ports that has been costing Tehran an estimated $500 million per day.<\/p>\n

Read more Thai Princess Bajrakitiyabha dead at 47 after nearly 4 years in coma, palace says<\/a><\/p>\n

But Trump on Truth Social said that won\u2019t happen until pen is put to paper on the MOU.<\/p>\n

\u201cThe Naval Blockade will remain in full force and effect until this Transaction is finalized,\u201d he said.<\/p>\n

Tehran has claimed ownership of the strait, and in recent weeks set up a \u201cPersian Gulf Strait Authority\u201d to charge fees to commercial vessels seeking passage.<\/p>\n

The US has opposed Iran charging a toll for access to the oil chokepoint, which is considered international waters by most of the world.<\/p>\n

Details were immediately unclear on what the reopening would look like, and whether it would include efforts to de-mine the strait.<\/p>\n

European leaders have previously pledged to help with such efforts in the event of a deal.<\/p>\n

\u201cEconomic sweeteners\u201d<\/h2>\n

The biggest mystery remains the issue of financial incentives to bring Iran to the table.<\/p>\n

Tehran has previously demanded the release of frozen Iranian assets and the lifting of US sanctions before coming to the table to discuss nuclear concessions.<\/p>\n

The US has indicated openness to unfreezing some Iranian assets in exchange for nuclear concessions, but how and when that could happen has been a major sticking point preventing the deal\u2019s acceptance, a US source familiar with the negotiations told The Post.<\/p>\n

\u201cDifferences to date have been over sequencing, not substance,\u201d the source said.<\/p>\n

Details on that issue \u2014 which was described as the most important element of the deal for the Iranians \u2014 remained sparse Thursday evening.<\/p>\n

\n<\/div>\n

\u201cIranians would like some economic relief in any shape,\u201d a regional source familiar with negotiations told The Post. \u201cThey want a sweetener.\u201d<\/p>\n

Two US officials told Axios on Thursday the to-be-signed agreement made progress on the \u201cmechanism\u201d of how the funds would be released.<\/p>\n

Iran has also repeatedly requested the US lift its sanctions, but Secretary of State Marco Rubio last week told Congress that would only be done if Tehran makes tangible changes to its nuclear program.<\/p>\n

That means Iran could see sanctions relief as a result of the upcoming nuclear negotiations, but not before.<\/p>\n

Read more Mamdani cashed in on mayoral perks for Knicks tickets \u2014 and downplayed the price: sources<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The deal, which Trump said was approved by Iranian Supreme Leader Mojtaba Khamenei, is expected to be signed as soon as this weekend, with Trump saying he would send Vice President JD Vance to sign the document in-person, “maybe in Europe.”<\/p>\n","protected":false},"author":1,"featured_media":1824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"yoast_head":"\nWhat's the deal? 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