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US releases text of Iran peace plan as Trump says deal averts ‘worldwide depression’
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US releases text of Iran peace plan as Trump says deal averts ‘worldwide depression’

The Guardian · Jun 17, 2026, 7:16 PM · Also reported by 4 other sources

Why this matters: a developing story that could shape the day's news cycle.

Details of 14-point MOU revealed as senior US officials claim ‘major win’ despite significant concessions to Tehran Middle East crisis – live updates The Trump administration has released the text of its 14-point agreement with Iran, claiming it delivered a “major win” for the United States – even as it made significant political and financial concessions to Iran to reopen the strait of Hormuz and prevent a “worldwide depression”.In extraordinary remarks on Wednesday, Donald Trump went from threatening Iran with a new wave of attacks to suggesting that Iran had basic rights to enrich uranium for civilian use, that he would not pressure Tehran to abandon its ballistic missiles program and that the US was “going to have to give back” billions of dollars in frozen Iranian assets. Continue reading...

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