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Trump talks up his deal
The Chronicle
|June 18, 2026
IRAN will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the United States to end the war is signed and will be allowed to sell its oil without restrictions, according to leaked copies of an interim agreement that officials say broadly matches the document.
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The accord, due to be formally signed in a ceremony in Switzerland tomorrow, lays out that the US would secure at least $300 billion (£223 billion) to rebuild Iran after the war, and it would work to end all American and United Nations sanctions imposed on the Tehran regime if a final agreement addressing Iran’s nuclear programme is reached.
Yesterday, world leaders at the Group of Seven summit in Evian-les-Bains, France, on threw their support behind US President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and further extend a shaky ceasefire - even though he has offered scant specificity about how that would be implemented.
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