Iran has disclosed the details of a 14-point draft memorandum of understanding (MoU) prepared as part of ongoing negotiations with the United States.

According to the draft text published by the Mehr news agency, citing sources, the document includes critical provisions such as an immediate end to the war, the withdrawal of US forces from the region, and the provision of financial assistance to Tehran.

Iranian Ministry of Foreign Affairs officials stated that the text has not yet taken its final shape and must be reviewed and processed by relevant domestic institutions.

The draft memorandum of understanding published by the Mehr agency consists of the following points:

• An immediate and complete cessation of war on all fronts, including Lebanon;
• US non-interference in the internal affairs of Iran and respect for its sovereignty;
• The complete lifting of the maritime blockade within 30 days;
• The withdrawal of American military personnel from areas close to Iran;
• The restoration of normal maritime traffic in the Strait of Hormuz within 30 days;
• The suspension of sanctions and the provision of full access to Iran’s frozen assets;
• The provision of $300 billion in financial assistance to Tehran by the US and its allies;
• The initiation of a 60-day negotiation period for a final agreement regarding nuclear issues, the complete lifting of US sanctions, and the revocation of UN Security Council and International Atomic Energy Agency (IAEA) resolutions;
• Iran’s reaffirmation of its commitment to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT);
• A US commitment not to increase its troop levels in the region and to refrain from imposing new sanctions;
• The release of $24 billion of Iran’s frozen financial assets by the US during the 60-day negotiation process, with half of this amount transferred to Tehran before negotiations begin;
• The establishment of a monitoring mechanism to oversee the implementation of the agreement;
• The endorsement of the final agreement via a UN Security Council resolution;
• The requirement that half of the Iranian funds be released, oil sanctions suspended, and the maritime blockade lifted for second-phase negotiations to begin; with the final agreement strictly limited to the status of enriched uranium, the lifting of sanctions, and the economic recovery program, while explicitly excluding the missile program and support for resistance groups from the agenda.

Meanwhile, the news outlet Axios, citing its own sources, reported that Washington and Tehran have agreed on the text of the memorandum of understanding, though the document still awaits final approval.

The report noted that the document in question contains all the details regarding nuclear issues and satisfies US demands.

Bloomberg reported that instead of establishing direct contact, the parties have been exchanging messages through indirect diplomatic channels, utilizing Pakistani mediators and private couriers.

US President Donald Trump announced on June 11 that the parties had reached an agreement to end the war, stating that only the signatures remained to be finalized.

Trump indicated that the preparation of the documents had reached the final stage, adding that the signing ceremony could take place as early as this weekend.

According to information reported by Axios correspondent Barak Ravid, US Air Force aircraft and necessary equipment departed for Geneva, Switzerland, on the evening of June 11 to prepare for the signing ceremony.

Iranian Ministry of Foreign Affairs Spokesperson Esmaeil Baghaei also announced that work on the main articles of the peace agreement text with the US is nearly complete.

Despite these positive statements pointing toward an agreement, military tensions between the two sides had continued until very recently.

A few days ago, the parties carried out reciprocal military strikes, after which Trump stated that Washington was prepared to launch new attacks against Iran, seize Kharg Island, and take control of the country’s oil and gas markets, drawing a parallel to Venezuela.

Trump later announced that he had canceled these attack plans, while the Iranian Ministry of Foreign Affairs argued that the American attacks had rendered the ceasefire process dysfunctional.

Iran’s Foreign Ministry said US attacks on targets inside Iran during the night of June 11 had “effectively rendered meaningless” the ceasefire arrangement that entered into force between the parties in April.

According to a statement carried by the Tasnim news agency, “The illegal and criminal attacks carried out by the United States in recent hours constitute not only a grave violation of the United Nations Charter and the fundamental norms of international law, but have also effectively rendered the ceasefire regime meaningless.”

Iran also stressed that countries in the region have a legal and moral responsibility not to allow the US military to use their territory and resources to conduct attacks.

The statement further pledged to “neutralize the source of the aggressive actions.”

US strikes lasted four hours

According to a statement from US Central Command, American armed forces launched strikes against targets in Iran on the night of June 11 “in self-defense.”

“These strikes are a response to Iran’s unjustified and ongoing aggression,” the statement said.

Approximately four hours after the operation began, the US military announced that it had concluded the mission.

According to the statement, the targets included intelligence and surveillance facilities, communications systems and air defense positions. The operation involved units from the US Marine Corps, Air Force and Navy.

Axios reporter Barak Ravid wrote on X that the United States had struck military targets in southern Iran.

According to reports from the IRNA, Mehr, Tasnim and Fars news agencies, explosions were reported on Kish Island, east of Isfahan, in Mohr, and in the Hormozgan province districts of Sirik, Minab, Qeshm and Hengam.

Air defense systems were also reported to have been activated around the airport and military base in Bandar Abbas.

Iran announces closure of the Strait of Hormuz

Iran announced that it had closed the Strait of Hormuz to all maritime traffic, including tankers and commercial vessels.

According to Mehr, the naval arm of the Islamic Revolutionary Guard Corps attacked two commercial ships attempting to transit the strait.

The Revolutionary Guards also said that 12 ballistic missiles struck a location hosting US F-35, F-15 and F-16 fighter aircraft. The statement added that targets at Jordan’s Azraq Air Base and a “command center” had also been hit.

US President Donald Trump had previously warned that attacks on Iran could resume after negotiations failed to make progress and following the destruction of a US Apache attack helicopter.

The helicopter was reportedly shot down off the coast of Oman on the evening of June 8, although both pilots were rescued.

Iranian President Masoud Pezeshkian condemned US threats and said his country would “maintain its resolute stance.”

A two-week ceasefire between the parties entered into force in April and was later extended indefinitely by Trump until further notice. Despite the ceasefire, however, the two sides had engaged in several rounds of retaliatory attacks.

The United States has approached the Board of Governors of the International Atomic Energy Agency (IAEA) to determine the fate of Iran’s highly enriched uranium.

According to a report by Reuters, which cited diplomatic sources and obtained a draft resolution prepared by the US and presented to member states, Tehran is being called upon to provide the agency with precise and clear information regarding its nuclear material accounting and monitored nuclear facilities.

The text drafted by the US demands that the Tehran administration grant all necessary access permissions required to verify this information. The draft resolution emphasizes that Iran’s cooperation is a vital and urgent necessity, stating that the process must be executed without any delay.

The current draft does not yet include a referral to the United Nations Security Council (UNSC), which would typically be expected following an IAEA resolution declaring that Iran has violated its obligations under the Treaty on the Non-Proliferation of Nuclear Weapons (NPT). That violation decision was issued on June 12, 2025, one day before a 12-day war waged by the US and Israel against Iran last year. Diplomats speaking to Reuters indicated that the option of referring the matter to the UNSC remains under evaluation.

The Al Mayadeen television channel also reported, based on a copy of the draft resolution it obtained, that Washington is lobbying member states of the IAEA Board of Governors intensively to support its position.

These diplomatic moves coincide with a call from IAEA Director General Rafael Grossi for renewed engagement with Tehran. In his statement, Grossi said, “I call on Iran to work constructively with the agency to facilitate the full and effective implementation of safeguards in Iran. Re-engaging is of utmost importance.”

Reuters had previously reported in early June that the US was preparing a draft resolution to censure Iran at the upcoming IAEA meeting.

The Tehran administration continues to accuse the IAEA of systematically leaking sensitive and confidential information to Israel. At the end of the 12-day war last year, the US targeted Iran’s critical nuclear facilities and claimed to have destroyed Tehran’s entire nuclear program. However, intelligence assessments at the time revealed that Washington’s claims did not reflect reality.

Since those attacks, the IAEA has been requesting access to the struck nuclear facilities for inspection purposes. Iranian Foreign Minister Abbas Araqchi characterized the agency’s request last year as malicious.

In early April, Washington announced it had launched a rescue operation for a pilot downed in Iranian airspace. However, during the operation, US forces encountered stiff resistance from Iranian soldiers and, according to reports in the press, lost numerous aerial assets.

Following these developments, the Iranian Ministry of Foreign Affairs issued a statement suggesting that the military move conducted by the US under the guise of a pilot rescue operation may have been part of a deceptive and covert mission with the actual objective of stealing enriched uranium.