Trump and Iran End Three-Month War With 60-Day Nuclear Negotiation Window

On June 18, Trump and Iranian President Pezeshkian signed a memorandum of understanding halting their three-month conflict. The deal restores the Strait of Hormuz—through which 20 percent of global oil transits—and launches a 60-day sprint to a permanent nuclear accord. Iran must dilute enriched uranium stockpiles; the U.S. offers $300 billion and sanctions relief if talks succeed. The framework locks both sides into a defined timeline, though durability depends on compliance and political will across Tehran, Washington, and regional capitals.