The new detail in the US-Iran ceasefire deal

Thu 18 Jun 2026 at 7:22am

Thu 18 Jun 2026 at 7:22am

The White House has published the terms of its deal with Iran to end the Middle East war, after days of fevered speculation and leaks about the pact.

It was released moments after US President Donald Trump used a press conference in France, where he had been attending the G7 Summit, to reject criticism of the agreement and dismiss its detractors.

But the text of the memorandum of understanding (MOU), as read out during a phone briefing by a senior Trump administration official, is broadly in line with previous reporting.

Although, there is more detail on some of the most contentious issues, such as the handling of Iran's enriched uranium stockpiles and the end to fighting in Lebanon.

The deal is due to be formally signed in a ceremony in Switzerland on Friday, although Trump has started to equivocate on whether pen will hit paper.

"We're going to most likely sign a deal. They want to sign a deal. And they've been acting very appropriately," he said.

The US president also quipped he was still considering whether to stay in Europe to personally attend the signing.

He was asked whether the decision to send his vice-president, JD Vance, was a way to insulate him if the agreement fell over.

"This way, if it works out, I take the credit. If it doesn't work out, I'm blaming JD," he said.

Trump also said Israel had seen a copy of the deal, despite Israeli media reporting its request for visibility had been rejected and Prime Minister Benjamin Netanyahu saying he did not know the full terms during a press conference earlier this week.

What's changed in this version of the deal

What remains the same

The substance of the rest of the deal remains broadly similar, and 60 days remains a very short timeframe to achieve an agreement on some of the more intractable issues.

The deal still sets out a commitment for $US300 billion ($424 billion) in financing for the rebuilding of Iran, with the specific details to be sorted out during the 60-day period.

For most of the day, Trump distanced himself from that detail and insisted the US would not be pouring money into Tehran.

But, he said he could not stop others from "investing" in the fund.

The president also sought to differentiate giving US funds to Tehran from unfreezing Iranian assets, saying the latter belonged to the regime but had been seized.

The full text of the deal