Below is the text of the 14-point draft memorandum I received 2 days ago under the condition I could trade it but i had to wait till today to publish
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.
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.
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.
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.
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 neutralization of mines by Iran.
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.
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.
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 other 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.
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.
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.
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.
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.
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.
The final agreement will be approved through a binding resolution of the UN Security Council.
NN: Total and complete (AKA) unconditional surrender as promised when this started. Unfortunately its shocking to see this unconditional surrender by the US not iran. Trump caved in when informed by the US military they could not open the straights (the drones) and US oil majors warned $250 oil by August just in time to guarantee a staggering defeat of the Republicans in the fall elections. It is still my opinion it will take months to bring back 70% gulf output and after present market manipulations run the r course i believe we will end up with over $100 Brent
Israel is concerned that Iran would use the 60 days planned for further nuclear-themed negotiations with the United States to advance its program, Israeli Channel 12 reported on Tuesday.
According to senior Israeli officials familiar with the matter, the country fears that Iranian Supreme Leader Mojtaba Khamenei does not want Washington and Tehran to reach a final agreement on the latter’s nuclear status.
They added that Israel estimated that Iran agreed to the memorandum of understanding (MoU) with the US to open the Straight of Hormuz and have sanctions against it removed. Earlier in the day, Iranian Foreign Minister Abbas Araghchi said that a MoU would come into force on Friday. He added that the next round of negotiations with the US would begin on the same day.
NN: Sad day! A complete surrender to Iran. Do not be fooled. Nothing has been finalized. Brent is in the seventies. that will change when 2 things happen
Iran has benn given complete control of the straights and oil flows will not be fully restored.
Russian sanctions on their oil sales will be put in place and enforced
The prices of oil futures continued to fall on Tuesday, with Brent going below $80 per barrel for the first time since early March. The agreement reached between the United States and Iran offset concerns about the availability of crude oil. US President Donald Trump, who is currently in France for the G7 summit, commented that the Strait of Hormuz will fully reopen by Friday, with no fees to be paid. At 8:22 am ET, Brent for August settlements dropped 3.69%, selling at $79.96 a barrel. A minute later, West Texas Intermediate (WTI) for July deliveries plunged 4.71%, going for $77.66 per barrel.
NN: This is the good news stage. The nut cutting comes as Iran seals its victory on its terms and humiliates Trump. They won….Trump got nothing
Iranians who oppose the regime are “shocked” by the emerging details of an agreement between the US and Iran. The source, who is in touch with Iranians inside Iran and is knowledgeable about the situation on the ground nationwide, discussed how the emerging agreement is being received in Iran. The source said that friends say “everything was going on organically to the advantage of the Iranian people and the world since the first war in June 2025 started against the Islamic Republic.”The source discussed the 12-day war and how that conflict, which began with Israeli strikes on Iran, was successful.However, the source said that dissidents in Iran have been surprised by the outcome of the Trump administration’s involvement. “He came to harvest what Israelis had planted while the tree was still a sapling, and he ruined the seeding.” The source said that one surprising comment among opponents of the regime is talk about how hardliners could stage a military coup inside Iran. This is because there is opposition to an emerging deal within the Islamic Revolutionary Guard Corps (IRGC). “There’s numbers [sic] of hardliners in the regime body yet,” the source said, then claimed that “reformists in the IRGC” have been doing “a purge in recent months. They isolated the hardliners.”
Iranian regime ‘fooled’ Trump administration, dissidents fear
The concern is that within Iran, the regime perceives an emerging deal, apparently mediated by Pakistan and Qatar, as a win for Tehran. “On Iranian state TV, they described it as the victory of the axis of resistance against the US,” the source notes. “We are all shocked. I was talking with a friend in Iran a few hours ago. They can’t believe they made the deal.” The concern among those who oppose the regime in Iran is that the US has been convinced to make this deal. The source is critical of the Trump administration’s team and says they have been fooled by the regime. “We were thinking that hardliners in Iran won’t allow the moderates and reformists to do a deal with the US.” This has led some to believe that it may be preferable for the “hardliners in Iran to gain more temporary power, so they can stop this agreement from being finalized.” In a sense, the hardliners could sabotage the deal, thereby weakening the regime in the long run. “The moderates within the IRGC, and those working with them, understand the language of Western diplomacy. They know how to mislead Western governments, how to switch to the role of the ‘victim’, and how to shape international public opinion so that it looks as if the Islamic Republic has been treated unfairly,” the source added.
There is now a concern that the regime and its proxies, such as the Houthis and Hezbollah, have won. There is a sense that the Iranian people deserved better than what has happened to them.
They suffered a massacre in protests in January, and then the February war did not bring the toppling of the regime. Instead, the regime may feel empowered.
NN: The terms of the US surrender to Iran is shocking. Trump sold out in a desperate attempt to NOT END UP WITH $200 oil and $10.00 gasoline right before US elections
The memorandum of understanding between the United States and Iran gives Iran and Oman control over “the future of the administration of maritime services” in the Strait of Hormuz, the Iranian news agency Fars reported on Monday. According to a source familiar with the matter, Iran has agreed to provide 60 days of free passage through the strait, after which the US “accepted in principle” that a toll will be charged. The report added that Tehran intends to provide “safety, navigation, environmental, and insurance services” to vessels transiting the strait, and use the proceeds from the tolls to strengthen the country’s economic development. It claimed that negotiations have been held with Oman to coordinate the toll mechanism.
NN: Its a new chapter for trumps book called “The Art Of a BAD Deal”
Oil prices plunged immediately after it was announced that the United States and Iran had reached the highly anticipated deal to end hostilities, reducing tensions in the Middle East. After a drawn-out diplomatic process, the two sides appeared to agree on a compromise, and US President Donald Trump lifted the naval blockade of Iran, with the Strait of Hormuz also expected to reopen gradually. At 6:14 pm ET, WTI for July deliveries was down 4.54% to sell for $81.02 per barrel, while Brent for August’s contracts fell 3.82% a minute later and sold for $83.9 per barrel.
NN: Trump caved in because he does not want to get impeached if he loses big in the midterm elections
United States President Donald Trump said that Israeli Prime Minister Benjamin Netanyahu has “no fucking judgment” regarding the earlier strikes on Beirut, Axios’ Barak Ravid reported on Sunday, citing a telephone interview with the president. “Why did Bibi have to do a f**king attack? I was so p**sed off. I let him know. He has no f**king judgement. I let him know that,” Ravid quoted Trump as saying in a post on X. Trump allegedly confirmed that a peace memorandum with Iran could still be signed later in the day.
Iran will not sign any deal “definitely” at the time announced by United States President Donald Trump, Iranian Fars News Agency reported on Sunday, citing officials familiar with the negotiating team. According to the outlet, the Qatari mediators are currently in Tehran discussing Iranian terms. “Even if we go back and forth and go back in the negotiation process, Iran’s basic condition is that in the end, all of its concerns are fully taken into account,” an official was quoted as saying, adding that “even if all of Iran’s terms are implemented, no agreement will definitely be signed at the time Trump announced.” Trump revealed that a peace memorandum would be signed today. Meanwhile, Israeli Prime Minister Benjamin Netanyahu ordered strikes on Beirut, a decision seen by some as deliberate sabotage of the peace deal.
NN: A peace memorandum is not a peace treaty. Its more like toilet paper…. The 4 ply kind used.
DUBAI/WASHINGTON, June 13 (Reuters) – Iran said on Saturday it could sign the framework for a peace deal with the United States in the coming days, but dismissed a suggestion by mediator Pakistan that it would be signed within the next 24 hours. The U.S. and Iran signalled on Friday that an agreement to end three months of war was close, with a U.S. administration official saying both sides had agreed on a text and that Washington expected to sign an initial deal in the coming days. Pakistani Prime Minister Shehbaz Sharif said on Saturday the two sides had agreed on a framework for a peace deal and Islamabad was preparing for an electronic signing to be followed by technical-level talks next week.
Sharif suggested the initial deal could be signed on Sunday, but Iranian Foreign Ministry spokesperson Esmaeil Baghaei was later quoted by state media as saying caution was needed when commenting on the timing. “We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow,” Baghaei was quoted as saying. “The possibility of this happening in the coming days cannot be ruled out. However, due to the hesitation of the other side, we must be cautious in making any comments about this process.” The two sides have repeatedly appeared close to an initial agreement on ending the war without signing a deal, but Sharif said on X: “We are closer to a peace deal than ever before.” Iranian Foreign Minister Abbas Araqchi said on Friday that while changes in the deal were still possible, the tentative agreement showed his country had emerged stronger from the conflict. “Iran is the winner of the war with the U.S.,” he said on state television on Friday. Hours after those remarks, U.S. forces shot down multiple Iranian one-way attack drones heading toward the Strait of Hormuz, a source familiar with the matter told Reuters. The source, who spoke on condition of anonymity, said the drones had posed a threat to commercial traffic. U.S. Central Command later confirmed the action and said the waterway was open. The proposed memorandum of understanding calls for reopening the strait and lifting the U.S. naval blockade on Iranian ports, sources on all sides of the talks said. Negotiations over Iran’s nuclear program – Trump’s stated rationale for starting the war – would take place afterwards. A U.S. official, speaking on condition of anonymity, told reporters on Friday that the deal met Trump’s core objectives and put negotiations “in a very, very good place”. Draft terms described to Reuters by multiple sources indicate the U.S. would begin releasing billions of dollars in frozen Iranian assets and waive sanctions on its oil exports, in return for Iran opening the strait. Iran’s nuclear program would be addressed during a 60-day period of talks. The U.S. official said the agreement would ultimately lead to the dismantling of Iran’s nuclear program, with its stockpile of highly enriched uranium to be destroyed and removed.
But Araqchi said that Iran, which sources said has not accepted the dismantling of its nuclear program, wanted to retain the uranium in diluted form. The proposals also include discussion of possible war reparations for Tehran and dropping longstanding U.S. demands for limits on Iran’s missile program, the sources said. The U.S. official disputed that account.
NN: This is a work in progress. I am not confident at all this will end the oil crises…. I smell a rat!
The draft US-Iran memorandum of understanding keeps the Strait of Hormuz firmly under regional control, the Iranian news agency IRNA reported in an exclusive on Friday.
Iran will not make any commitments regarding “handing over the management” of the Strait of Hormuz, and the future of the strait will be “resolved within the framework of a regional issue and through joint dialogue and decision-making between Tehran and Oman.”
The deal underscores that its main goal is to end the war on all fronts: Washington pledges to “force Israel to end the war in Lebanon,” with no “ceasefire extension” language used. The rest of the agreement is mostly in line with previous reports. The nuclear file is untouched for now, with talks to begin within 60 days of signing, and frozen assets will be released partly upon signing, with the rest gradually.