June 18, 2026
After more than 100 days of military conflict, the United States and Iran have reached a ceasefire agreement through a Memorandum of Understanding that both sides are portraying as a victory to their domestic audiences. The agreement establishes a 60-day negotiation framework addressing Iran's nuclear program while immediately halting military operations, reopening the Strait of Hormuz, and lifting the US naval blockade, with promises of sanctions relief and a $300 billion reconstruction plan for Iran. However, the most contentious issues regarding Iran's highly enriched uranium and nuclear infrastructure have been postponed rather than resolved, creating significant political risks for leaders on both sides.
Who is affected
What action is being taken
Why it matters
What's next
Read full article from source: BBC