June 18, 2026
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11:28Now PlayingThe US and Iran have signed a 14-point Memorandum of Understanding, triggering a 60-day period to reach a final agreement.
It includes the reopening of the Strait of Hormuz and sets out a $300bn plan for Iran's "reconstruction".
US President Donald Trump has hit out at critics of his deal, saying those accusing him of being soft on Iran were "fools" who might be jealous.
His Iranian counterpart, Masoud Pezeshkian, said the accord was a sign of his country's "national resilience".
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