The US and Iran signed a memorandum of understanding to end the war and reopen the Strait of Hormuz.
WHO:US and Iran
WHAT:Signed a memorandum of understanding to end the war and reopen the Strait of Hormuz, including a 60-day toll-free period and a $300 billion reconstruction fund.
WHEN:Jun 17, 2026 at 6:21 PM ET
WHERE:Location not specified
WHY:The memorandum of understanding was finalized with presidential signatures to test implementation of the agreement.
How this story developed (showing 3 of 3 earlier reports)
