Overview
- Both presidents signed the framework late Wednesday, with President Trump signing in person at Versailles and Iran’s president adding an electronic signature, and U.S. officials published the agreement text soon after.
- The document calls for an immediate end to military operations, a 60‑day window to negotiate a final peace deal, lifting the U.S. seaborne blockade within 30 days and 60 days of fee‑free passage through the Strait of Hormuz.
- The framework requires Iran to dilute its stocks of highly enriched uranium under IAEA supervision and allows the resumption of Iranian oil exports subject to further negotiation on sanctions relief.
- It promises a reconstruction and development fund of at least $300 billion that U.S. officials say will be financed by regional and international partners, not by U.S. taxpayer money.
- Key practical questions remain unresolved — including when the 60‑day clock starts, exact verification and enforcement mechanisms, how the Hormuz regime will work after the transition, and U.S. warnings of rapid military action if Iran breaches the deal.