InternationalSaturday, 13 June 2026·The Hindu - International
Iran–U.S. draft MoU on West Asia war: Strait of Hormuz, 60-day nuclear talks and blocked funds
On 12 June 2026, Iran said a preliminary U.S. deal was close, with reports citing a 60-day nuclear negotiation window and possible easing of sanctions.
Key highlights
Direct fact
On June 12, 2026, Iran’s Foreign Minister Abbas Araghchi said in a social media post that an “Islamabad Memorandum of Understanding” with the United States had “never been closer”, while reports cited a 60-day negotiation period and possible changes around the Strait of Hormuz.
Key specifics
- Abbas Araghchi made the statement on June 12, 2026, after U.S. President Donald Trump said talks with Iran had progressed.
- Mehr news agency cited a draft deal involving the release of $24 billion of Iran’s blocked funds during a 60-day final negotiation period.
- The draft reportedly called for reopening the Strait of Hormuz within 30 days and lifting the U.S. blockade of Iranian ports.
- Iran said sanctions on oil and petrochemical revenues would be suspended during the negotiation window.
- Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said the text was “almost” finalised in major parts, but U.S. positions had caused delays.
Exam lens
Question type: International relations and current affairs, Iran–U.S. talks, Strait of Hormuz, sanctions and negotiation timeline. TNPSC may ask who said the deal was “never been closer”, what the 60-day period refers to, and which strategic waterway was mentioned.