President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point agreement on June 17, 2026, to end the U.S.–Israeli war with Iran [1, 2].

The deal seeks to stabilize global energy markets and halt military escalation in a region plagued by conflict. By reopening critical shipping lanes and lifting economic barriers, the agreement aims to prevent a wider systemic collapse of Middle Eastern security.

The two leaders signed the agreement remotely via video conference [3]. A primary pillar of the deal is the immediate and permanent termination of military operations [1, 5]. This ceasefire is intended to stop the active combat between Iranian forces and the U.S.–Israeli coalition.

Economic relief is a central component of the 14-point framework [1]. The agreement mandates the immediate reopening of the Strait of Hormuz [4], a strategic chokepoint for global oil transit. Furthermore, the deal provides significant sanctions relief for Tehran. Under the new terms, Iran will be allowed to sell oil without restrictions [5].

The agreement comes after a period of intense military friction. The 14 points cover a range of security and economic concessions designed to create a durable peace [1]. While the specific text of all 14 points has not been fully released to the public, the focus remains on the cessation of hostilities, and the restoration of commercial shipping [1, 2].

Officials have not disclosed a physical location for the signing, as the process was handled digitally [3]. The transition from active warfare to diplomatic engagement marks a significant shift in U.S. foreign policy toward the Islamic Republic.

“The agreement contains 14 points”

This agreement represents a strategic pivot to prioritize economic stability and the flow of energy over military containment. By removing restrictions on Iranian oil and reopening the Strait of Hormuz, the U.S. is effectively trading sanctions leverage for a cessation of hostilities, potentially lowering global oil prices but altering the long-term geopolitical pressure campaign against Tehran.