The US and Iran have officially signed a memorandum of understanding to end the war, two senior American officials have confirmed, with Tehran given 60 days to prove it is willing to make peace.

The US and Iran have officially signed a memorandum of understanding tonight to end the war, two senior American officials have confirmed.

Iran now has 60 days to demonstrate its commitment to peace and reform following the signing of the accord with America. Both sides will be required to enter into discussions to resolve the most significant outstanding matters.

For instance, the two nations will need to reach some form of agreement on the Strait of Hormuz and whether it remains open to shipping traffic, the USD$300 billion fund to reconstruct Iran, and more.

The memorandum of understanding (MOU) was published in full on Wednesday, setting out the framework for the next two months of negotiations between the US and Iran and Tehran, with the US still aiming to achieve its overarching objective of de-proliferation.

President Trump warned leaders in Tehran to honour the agreement, or the US will restart the war and proceed with the Islamic Republic’s destruction.

“We’re gonna bomb the hell out of them if they violate the agreement,” Trump said.

The MOU states that in return for the removal of all of America’s global sanctions, Iran will vow that it will not build a nuclear weapo – it will also agree on how to dilute it’s nearly 1,000 pounds of enriched uranium.

Here is the full memorandum text:

1. The Islamic Republic of Iran and the United States, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other. The final agreement will confirm the provisions of this Article and the remaining Articles.

2. The Islamic Republic of Iran and the United States undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs.

3. The Islamic Republic of Iran and the United States undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent.

4. Immediately upon the signing of this Memorandum of Understanding, the United States Lift the naval blockade and prevent any interference or obstruction against the Islamic Republic of Iran, and restore traffic within a maximum of 30 days to its full capacity; the traffic of ships shall be proportional to the pre-war volume of traffic on the part of the Islamic Republic of Iran. The United States also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement.

5. Upon signing this Memorandum of Understanding, the Islamic Republic of Iran will immediately take steps to ensure that the movement of merchant ships from the Persian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralisation of mines by Iran.

6. The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic of Iran, While ensuring financing of at least $300 billion. The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days.

7. The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing the Islamic Republic of Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral U.S. sanctions, both primary and secondary.

8. The Islamic Republic of Iran reiterates that it will never produce nuclear weapons. The Islamic Republic of Iran and the United States have agreed that the fate of enriched material and the fate of all others mutually agreed nuclear-related issues, including Iran’s nuclear needs, will be adequately addressed in a final agreement; the final agreement will confirm the provisions of this Article.

9. The Islamic Republic of Iran and the United States agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.

10. The United States undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.

11. The United States undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available. These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of the Islamic Republic of Iran and will be fully available for use. The United States undertakes to issue all necessary permits and licenses on this basis.

12. The Islamic Republic of Iran and the United States agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement.

13. Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, the Islamic Republic of Iran and the United States will enter into negotiations for a Final Agreement solely with respect to the remaining Articles.

14. The final agreement will be approved through a binding resolution of the UN Security Council.

As per The Hormuz Letter, an Iranian media publication, Iran’s top negotiator and Speaker of the Parliament of Iran Mohammad-Bagher Ghalibaf dubbed the final version of the MOU as “America’s failure.”

The agreement also suggests that Iran would work on a deal that would see it degrade its atomic stockpile under the supervision of the International Atomic Energy Agency, which was kicked out of the country at the start of the war.

The IAEA and Iran are currently locked in a tense standoff over unverified and unaccounted-for enriched uranium stockpiles. Especially in the wake of ongoing geopolitical conflicts since 2025, with the UN nuclear watchdog unable to monitor swathes of Iran’s nuclear program, It has also been unable to verify the location and purity of its materials.

Iran has hampered the UN nuclear watchdog’s access to its uranium stockpiles for decades. The IAEA and Iran’s relationship timeline is defined by a transition from early civil nuclear cooperation to covert enrichment, leading to intensive monitoring by the United Nations.

The offer to eventually lift all sanctions represent major concessions that go beyond the terms of Iran’s 2015 nuclear deal with world powers, which Trump unilaterally withdrew the US from in his first term, branding it the “worst deal ever”.

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