US-Iran Deal: Big agreement between America and Iran, Trump signed in Versailles, now oil prices may decrease

An important agreement has been reached between America and Iran which is expected to reduce tension around the world. President Donald Trump signed this agreement (MOU) in Versailles, France. After this deal, the Hormuz Strait will be reopened, which may lead to a fall in oil prices in the future.

👉: Peace deal final between US and Iran, Strait of Hormuz will reopen, agreement to be held in Switzerland tomorrow.

Key dates of the agreement

• 14 June 2026: US Vice President JD Vance and Iran’s chief negotiator Mohammad Bagher Ghalibaf signed it digitally.
• 17 June 2026: The agreement went into effect immediately after President Donald Trump signed it in person at Versailles.
• 19 June 2026: A formal event will take place in Switzerland, with Vice President Vance leading the US team.

What was the decision on war and peace?

Under this agreement, ceasefire has been imposed for the next 60 days. During this time, there will be talks for nuclear agreement and reconstruction of Iran. America will completely end its naval blockade within the next 30 days. Besides, provision has also been made to maintain the sovereignty and integrity of Lebanon.

The Strait of Hormuz will be reopened. There will be no toll tax for ships passing through here for the first 60 days, but after that Iran can charge fees here. Iran has also made it clear that it will not make nuclear weapons.

Update on money and sanctions

America will ease some major sanctions imposed on Iran, so that Iran will be able to sell its oil easily. A $300 billion plan has been discussed for Iran’s economic development. However, President Trump has clarified that America will not invest its money in this and this investment will be completely voluntary.

statements of leaders

French President Emmanuel Macron welcomed this deal and called it a big step in the right direction. On the other hand, President Trump warned that if Iran did not behave properly, the US could attack again. Iran’s Foreign Ministry spokesman Esmaeil Baqaei said that it now remains to be seen how the agreement is actually implemented.