The United States and Iran are nearing a formal peace agreement, with officials confirming that a final draft has been reached through mediation by Pakistan. Prime Minister Shehbaz Sharif stated on June 13, 2026, that all parties are currently working to finalize the transition steps. The proposed deal includes the dismantling of Iran’s nuclear program, the maintenance of open transit in the Strait of Hormuz, and strict performance-based conditions before any sanctions are lifted.
What are the primary terms of the US-Iran peace deal?
The agreement hinges on a performance-based framework rather than immediate concessions. According to a White House official, Iran has committed to the destruction and removal of nuclear materials and the complete dismantling of its current nuclear infrastructure. Crucially, the U.S. government maintains that no financial assets will be released to Tehran until these specific obligations are met. Vice President JD Vance confirmed that Iran will not receive any funding simply for signing the agreement or participating in diplomatic meetings.

The draft agreement includes a commitment from Iran to cease funding for groups labeled as terrorist organizations by the United States, a major shift in regional security policy.
How does Iran view the current status of negotiations?
Tehran is currently conducting an internal review of the draft, which Iranian Foreign Ministry spokesperson Esmaeil Baghaei described as the final stage of the process. While Iran has reached a consensus on most issues, government officials remain cautious. Foreign Minister Abbas Araghchi stated that the memorandum of understanding (MOU) drafted in Islamabad aims to end conflicts on all fronts, including in Lebanon. Araghchi noted that for the first time in nearly five decades, the U.S. has formally expressed respect for Iran’s sovereignty.
What happens to the Strait of Hormuz and uranium enrichment?
Control over the Strait of Hormuz remains a central pillar of the discussions. Araghchi clarified that the strategic waterway will remain under the sovereign jurisdiction of Iran and Oman. Regarding uranium, the Iranian government insists that any high-level enriched material must be handled through a process of dilution conducted exclusively within Iranian territory. This presents a specific technical requirement that differs from previous international nuclear agreements that often required the export of such materials.
What are the potential obstacles to the final signing?
Despite the optimism, Iranian leadership has identified potential spoilers. Foreign Minister Araghchi explicitly named Israel as a party attempting to derail the agreement. Additionally, Iranian Parliament Speaker Mohammad-Baqer Qalibaf issued a public warning on June 13, 2026, via X, demanding that the United States adhere strictly to all commitments without exceptions or excuses. The proposed timeline suggests a 60-day secondary negotiation phase following the signing to address the technicalities of sanctions relief and infrastructure reconstruction.
Frequently Asked Questions
- Where will the agreement be signed?
The signing is expected to occur digitally or remotely. Switzerland has offered Geneva as a physical location if both parties prefer an in-person ceremony. - Is this the final deal?
The text is finalized, but both nations are currently performing internal reviews before the official signature, according to statements from the Iranian Foreign Ministry. - Will sanctions be lifted immediately?
No. The U.S. has stated that the agreement is performance-based, meaning Iran must meet specific conditions regarding its nuclear program before any financial relief is provided.
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