Overview
- The two sides agreed an interim 14‑point memorandum of understanding on June 17 that paused open hostilities and set a 60‑day window to work out implementation details.
- Mediated sessions are underway in Doha with Qatar and Pakistan leading talks and U.S. envoys Steve Witkoff and Jared Kushner meeting Qatar’s prime minister to prepare the technical negotiations.
- Tehran says it will not hold direct U.S. meetings in Doha and insists implementation must start before senior talks resume, while Washington says technical contact is taking place through mediators.
- A core dispute centers on roughly $6 billion of frozen Iranian assets and how released funds would be controlled or conditioned, with sequencing and independent verification still unresolved.
- President Trump has been briefed on full military options but has kept diplomacy as the main track for now, leaving the truce fragile if talks fail and shipping through the Strait of Hormuz unstable.