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The United States and Iran signed a provisional memorandum of understanding on June 17, 2026, to end the ongoing war that began in February 2026. The agreement is valid for 60 days, allowing for negotiations toward a final deal. It stipulates a ceasefire, lifting the maritime blockade, the withdrawal of American forces within 30 days, and guaranteeing freedom of navigation through the Strait of Hormuz. The plan also includes Iran's reconstruction efforts worth $300 billion, the lifting of sanctions, the removal of the blockade from ports, and a commitment by Tehran not to develop nuclear weapons—reminding many of the 2015 nuclear agreement.
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