US‑Iran MoU: What Makes It Different From the JCPOA?


In June 2026, President Trump signed a Memorandum of Understanding with Iran that formally ends the hostilities that erupted in February. The MoU is a framework for six weeks of negotiations and is not a full‑scale agreement.


Weapons


The deal requires Iran to reaffirm that it will not develop or acquire nuclear weapons, echoing language from the JCPOA. It does not set a detailed schedule for dismantling the 440 kg of enriched uranium that Iran held at the outbreak of the war or for the destruction of its stockpile. The MoU mentions a “mechanism” for resolving the status of stored material, but offers no concrete action plan.


Ballistic missile activity is also absent from the text, despite President Trump’s statements that Iran would lose the capacity to produce new missiles. The MoU therefore offers only vague commitments, with no enforcement or verification measures.


Money


Unlike the 2015 JCPOA, which did not involve direct US payments but lifted sanctions that allowed Iran access to frozen assets, the new MoU announces a complete termination of sanctions in a phased schedule. Immediately after signing, waivers will let Iranian oil and related financial services operate without restrictions. The deal also promises at least $300 bn in funding for Iran’s reconstruction, a figure that marks a significant reversal of the prewar economic regime.


Ships


Prior to the conflict, the Strait of Hormuz saw about 94 merchant ships per day; the war dropped that to just six on average. The MoU pledges that the US will end its naval blockade within 30 days, allowing free passage for 60 days, and that Iran will negotiate a future maritime framework with Oman. The treaty does not prohibit Iran from charging shipping fees, a change that could increase its economic influence in the region.


The agreement’s brevity and lack of enforceable terms mean it is less detailed than the JCPOA, leaving many questions about how it will be implemented are still to be answered.


BBC Bunting of Iranian flags beside missiles