Geopolitical Insights

Academy SITREP – U.S. and Iranian Presidents Sign Memorandum of Understanding

June 18, 2026
What has Happened: Yesterday, U.S. President Donald Trump and Iranian President Masoud Pezeshkian officially signed the memorandum of understanding (“MOU”) and the full text was released. The MOU establishes a 60-day negotiation period to address Iran’s nuclear program and includes a commitment from Iran not to work towards building or acquiring a nuclear weapon. While the agreement outlines an end to military operations in Lebanon, Israel is not a party to the MOU, and it lacks explicit terms for an Israeli troop withdrawal from the area. The U.S. Treasury will issue waivers for the export of Iranian crude oil, petroleum ... Academy SITREP – U.S. and Iranian Presidents Sign Memorandum of Understanding

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