Claim of Agreement to Reopen Strait of Hormuz; Details of 14-Point Memorandum

Today, June 14, 2026, diplomatic developments in the Middle East have reached a turning point. According to reports published by reputable news sources including "Manshit Khabar" and international media, Iran and the United States, mediated by Pakistan and Qatar, have reached a draft Memorandum of Understanding (MoU) aimed at ending the three-month crisis in the Strait of Hormuz [1][3]. This agreement, which includes 14 key clauses, could pave the way for reducing military tensions and returning stability to global energy markets.

Main Provisions of the 14-Point Memorandum Leaked details of this memorandum show that the two sides have agreed on a two-stage roadmap. The first stage focuses on "ending the war" on all fronts, reopening the Strait of Hormuz, and providing immediate economic benefits to Iran [4]. According to this draft, Iran has committed to immediately opening the Strait of Hormuz to all commercial vessels. In return, the United States has committed to completely lifting the naval blockade of Iranian ports within a maximum of 30 days [1][5]. Additionally, Washington has agreed not to impose any new sanctions against Tehran until a final agreement is reached.

Release of Assets and Oil Waivers One of the most sensitive parts of this agreement is its financial aspect. Reports indicate that the United States has agreed to release $25 billion of Iran's frozen assets [1][8]. These financial resources are to be made available to Iran through regional cooperation mechanisms and financial credit lines. Furthermore, Washington will issue temporary waivers for Iranian oil sales, allowing Tehran to access its foreign exchange revenues [1]. These measures are intended as incentives to ensure Iran's compliance with a 60-day ceasefire.

Reopening the Strait of Hormuz and Maritime Security The Strait of Hormuz, which handles about 25% of the world's maritime oil trade, has been semi-closed since February 2026 following military conflicts [12]. Under the new understanding, management of this strategic waterway will remain with Iran and Oman, but Tehran has guaranteed to provide maritime security for all commercial vessels [5][13]. Abbas Araghchi, Iran's Foreign Minister, emphasized that while Iran will not retreat from its sovereignty over the strait, it is ready to restore stability to the region within a regional mechanism [5].

Reactions and Challenges Ahead While US President Donald Trump has described the agreement as a major victory and claimed that the final signing could take place today, reactions inside Iran have been contradictory [2][9]. Some political factions in Tehran have warned against giving strategic concessions at the start of the path, believing that the immediate reopening of the Strait of Hormuz could weaken Iran's leverage [7]. On the other hand, Israeli officials have expressed concern over the 60-day timeline, claiming it allows Tehran more diplomatic maneuvering room [15]. Despite these oppositions, global markets have reacted with optimism to the news, and oil prices have seen a relative decline [12].