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War & Conflict2d 22h ago
Donald Trump signed a memorandum of understanding with Iran, committing the United States and its regional partners to ensure Iran receives at least $300 billion for rehabilitation and economic development, including immediate sanctions waivers.
Versailles
Who
United States, Iran, Donald Trump
What
Donald Trump signed a memorandum of understanding with Iran, committing the United States and its regional partners to ensure Iran receives at least $300 billion for rehabilitation and economic development, including immediate sanctions waivers.
When
Thu, 18 Jun 2026 12:00:00 GMT · 2d 22h ago
Where
Versailles ·
Why
The deal aims for regional peace and stability and Iran's rehabilitation and economic development.
The Frontline Impact
How this affects you
The agreement includes immediate sanctions waivers allowing Iran to export oil, estimated at $60 billion annually, and releases $24 billion in frozen assets, potentially marking a shift in US engagement in the Middle East.
Story chain
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