US-Iran War Deal Expires With Talks Frozen

The memorandum of understanding meant to end the US-Iran war expires Monday, with no final deal and no extension in sight.

President Donald Trump and Iranian President Masoud Pezeshkian signed the deal on June 17 after talks hosted by Pakistan, and it required a "final deal" endorsed by the UN Security Council within a maximum of 60 days.

Both sides have accused the other of violating it for weeks. A senior White House official, speaking anonymously to Politico, described negotiations between Washington and Tehran as "static."

Strikes have paused, but the Strait of Hormuz remains closed to normal traffic and both governments still claim to control it.

What The Deal Promised

Under the agreement, the two countries declared "the immediate and permanent termination of military operations," with the harder questions — including Iran's nuclear program — pushed to a later final deal.

The US was to end its naval blockade within 30 days, pull forces back from near Iran once a final deal was reached, terminate sanctions, issue waivers for Iranian oil exports, release frozen Iranian funds, and begin work on a reconstruction package for Iran of at least $300 billion.

Iran was to clear mines from the Strait of Hormuz and let ships pass with no charge for 60 days, reaffirm it would not seek nuclear weapons, and negotiate on enrichment. The agreement also aimed at ending the conflict in Lebanon.