Axios: Iran and the U.S. are considering "signing the ceasefire memorandum of understanding" as early as Wednesday, with the Hormuz Strait expected to be immediately reopened

The United States and Iran are discussing moving up the signing of the originally scheduled peace agreement memorandum of understanding (MOU) this Friday to Wednesday via remote electronic means. This move will make the unblocking of the Strait of Hormuz effective immediately. At the same time, foreign media have leaked a draft of the 14 points agreement, revealing that the U.S. promises to provide up to $300 billion in reconstruction funds and fully lift sanctions.
(Background summary: Trump attends G7! Brings Iran ceasefire agreement, Europe rushes to participate in unblocking the Strait of Hormuz, oil prices drop nearly 5%)
(Additional background: Iranian state media claims: The Strait of Hormuz will charge after a 60-day free period, Vance admits negotiations are pending)

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  • Rumor: US and Iran plan to sign agreement early, Strait of Hormuz unblocking imminent
  • 14-point draft leaked: US pays $300 billion, lifts sanctions
  • Political pressure and controversy? Face-to-face nuclear talks still scheduled for Friday

The highly watched Middle East geopolitical crisis seems to be approaching a dramatic peaceful resolution. According to the latest report published by Axios on June 17, 2026, the U.S., Iran, and involved mediators are engaged in intensive discussions, planning to sign the "Memorandum of Understanding (MOU)" originally scheduled for this Friday, but to be completed earlier on Wednesday via remote electronic signing.

Rumor: US and Iran plan to sign agreement early, Strait of Hormuz unblocking imminent

This change in schedule has significant implications for the global economy and energy markets. Sources indicate that if the U.S. and Iran successfully sign the agreement early, provisions related to the "Strait of Hormuz" will take effect immediately, and the U.S. may release the full text of the agreement shortly.

The White House previously stated that the opening of the strait and the U.S. Navy lifting the blockade would only commence after the formal signing on Friday; however, both sides now strongly wish to open this critical global energy transit route as soon as possible. Although Iran initially insisted on waiting until the official signing to release the text, speculation suggests that this early plan may be related to recent significant domestic political pressures on the White House (though officials deny this).

14-point draft leaked: US pays $300 billion, lifts sanctions

Before the official text is publicly released, multiple foreign media outlets, including CNN and the Times of Israel, have obtained what is claimed to be the Sunday electronic signing version of the "14-point draft" in the same day. Although the White House claims this version is not entirely accurate, its leaked contents have already shocked global markets:

  • Huge Reconstruction Funds: The U.S. and its partners will provide at least $300 billion for Iran’s post-war reconstruction and economic development.
  • Full Lifting of Blockades: The agreement calls for an immediate and permanent end to the war, with the U.S. lifting the naval blockade immediately and resuming shipping within 30 days; Iran must also open the Strait of Hormuz simultaneously.
  • Sanction Relief: The U.S. will gradually lift various sanctions on Iran, release frozen assets, and grant exemptions for oil exports.
  • Nuclear Commitments: Iran reaffirms "never to produce nuclear weapons," while sensitive nuclear issues like uranium enrichment will be addressed in a final agreement within 60 days.

Political pressure and controversy? Face-to-face nuclear talks still scheduled for Friday

During this diplomatic process, several controversies have emerged. A senior White House official claimed that President Donald Trump, Vice President JD Vance, and Iranian Parliament Speaker Mohammad-Bagher Ghalibaf signed an agreement electronically on Sunday; however, mediators deny this, and some sources refer to Wednesday’s plan as a "second signing," leaving the situation unclear.

Nevertheless, Axios emphasizes that regardless of the final signing time of the memorandum, a high-level face-to-face meeting will still be held this Friday in Switzerland, led by Vice President Vance and the Iranian Parliament Speaker, to conduct in-depth negotiations on activating Iran’s nuclear program. As Middle East geopolitical risks significantly decrease, global oil markets and safe-haven capital flows are expected to undergo dramatic revaluation in the coming days.

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