ON
🔍
← Back to feed
European UnionBusiness3 days ago

Watch: Moment Trump signs US-Iran agreement at Versailles

US President Donald Trump signed a memorandum of understanding with Iran at the Palace of Versailles on 18 June 2026, aiming to ease Middle East tensions. French President Emmanuel Macron hosted the event following the G7 summit. The agreement includes the reopening of the Strait of Hormuz, the lifting of a US naval blockade, and Iran placing its enriched uranium stockpile under UN supervision. A 60-day negotiation period was initiated, with a follow-up ceremony planned in Switzerland. The deal could lead to a $300 billion reconstruction fund and the resumption of Iranian oil exports. Global金融

Updated: 18/06/2026 - 10:07 GMT+2

US President Donald Trump signed a memorandum of understanding with Iran at the Palace of Versailles on 18 June, marking a significant diplomatic step aimed at easing the Middle East conflict that has unsettled the region since February.

French President Emmanuel Macron hosted the ceremony shortly after the G7 summit, underlining France's role in encouraging dialogue between the parties.

The agreement takes immediate effect and launches a 60-day negotiation process, with a formal follow-up ceremony scheduled in Switzerland on 19 June. Officials said the initiative is designed to reduce regional tensions and support stability in global energy markets.

The memorandum includes the reopening of the Strait of Hormuz and the lifting of a US naval blockade as initial confidence-building measures. Iran has also agreed to place its stockpile of enriched uranium under United Nations supervision, while broader issues related to its nuclear programme and international sanctions will be addressed during the upcoming negotiations.

If successful, the process could pave the way for a reconstruction fund worth up to 300 billion dollars and allow Iran to resume oil exports. Financial markets responded positively to the announcement, with Brent crude falling 2.1 per cent to 77.87 dollars a barrel on 18 June, reflecting expectations of improved energy supplies and a reduction in geopolitical uncertainty.

Read the full article at Euronews →
Source document: Memorandum of Understanding between the United States and Iran

1 reports

EuronewsIndependentCenter3 days ago
Watch: Moment Trump signs US-Iran agreement at Versailles

US President Donald Trump signed a memorandum of understanding with Iran at the Palace of Versailles on 18 June 2026, aiming to ease Middle East tensions. French President Emmanuel Macron hosted the event following the G7 summit. The agreement includes the reopening of the Strait of Hormuz, the lifting of a US naval blockade, and Iran placing its enriched uranium stockpile under UN supervision. A 60-day negotiation period was initiated, with a follow-up ceremony planned in Switzerland. The deal could lead to a $300 billion reconstruction fund and the resumption of Iranian oil exports. Global金融

Bias read (Center): The article presents factual details about an economic and diplomatic agreement without overtly favoring any political side. It focuses on the terms of the agreement, its potential economic impacts, and the involvement of international actors without using loaded language or emphasizing one side’s立场

Official sources cited

Go to the primary sources (1)

The official sources this coverage is built on. Read them directly to bypass framing.