Fresh insights have surfaced regarding the Iran-US peace deal that has been surrounded by secrecy between the United States and Iran. Recent reports suggest that the 12-point peace plan does not contain any explicit long-term commitments from Iran regarding its nuclear activities.
On Monday, America and Iran officially agreed to put an end to the nearly four-month-long conflict. The memorandum of understanding (MOU) was signed by US President Donald Trump, US Vice President JD Vance, and Iranian parliamentary speaker Mohammad Bagher Ghalibaf.
Details of the agreement between these adversarial nations have largely been undisclosed until now. Israel’s Channel 12 has shed some light on the agreement, revealing that it extends the current ceasefire to ongoing incursions in Lebanon, grants Iran control over the vital Strait of Hormuz, temporarily lifts Iranian oil sanctions, and paves the way for a more comprehensive peace arrangement.
Notably, the 12-point plan does not definitively address Iran’s nuclear program, except for a commitment to never pursue or acquire nuclear weapons. The plan also indicates Iran’s willingness to engage in further discussions about its atomic program following the official signing of the MOU in Switzerland on Friday.
Furthermore, it is anticipated that the reopening of the Strait of Hormuz to naval traffic will occur on the same day. A subsequent 60-day negotiation period is set to begin to facilitate peace talks between the US and Iran, as confirmed by Iran’s Foreign Minister Seyed Abbas Araghchi.
The MOU includes 12 key points, as reported by journalist Barak Ravid from Axios and Israel’s Channel 12. Among these points, there is mention of a substantial sum allocated for war reparations, which has already stirred controversy. President Trump dismissed reports of a USD$300 billion reconstruction fund for Iran as “fake news.”
Contrary to Trump’s statement, Vice President JD Vance suggested in a CBS News interview that Iran could potentially access funds for reconstruction through the Gulf Coast Coalition, provided they fulfill their obligations.
In addition to financial support for post-war reconstruction, the agreement involves the release of undisclosed assets previously affected by US sanctions. Previous reports indicated that lifting American sanctions, including those on Iran’s oil sales and international banking transactions, could be part of subsequent negotiations in exchange for concessions on Iran’s nuclear activities.
Iranian Foreign Minister Araghchi outlined a two-stage process for resolving the conflict, involving the signing of the MOU followed by negotiations towards a permanent peace agreement. Araghchi clarified that discussions on the nuclear issue would be deferred to a later stage for a final resolution.