US-Iran MOU halts direct warfare and sets $300bn fund
By The BriefBrief
A US-Iran MOU halts more than three months of direct warfare and includes lifting a US naval blockade and a $300bn reconstruction fund.
WHO:United States and Iran
WHAT:Signed a memorandum of understanding (MOU) that halts direct warfare, lifts a US naval blockade, and establishes a $300bn reconstruction fund for Iran
WHEN:Jun 30, 2026 at 4:00 PM ET
WHERE:Location not specified
WHY:The MOU was agreed to halt more than three months of direct warfare.
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