After strikes that began at the end of February and ran until this month, a fourteen-point memorandum of understanding has paused the war between the United States, Israel and Iran. Tehran has agreed to reopen the Strait of Hormuz; Washington has lifted its naval blockade and pledged to develop a plan for some $300 billion toward Iranian reconstruction. The shooting has, on paper, stopped.
What the paper does not do is resolve the question the war was ostensibly fought over: the memorandum eases economic pressure and opens longer talks, but Iran's nuclear programme is left to future negotiation, and critics across the US political spectrum have called the terms a concession dressed as a settlement. The Lebanon track runs alongside it — Israel and Lebanon are reported close to a lasting ceasefire, with further talks due the week of 22 June — but Israel insists the Iran deal does not require it to withdraw from the south, and the firing there has not entirely ceased. A framework that quiets the missiles is not yet a peace.
About these sources
The Times of Israel — Israel-Lebanon talks said close to yielding lasting ceasefire deal
10 Things Global News — 18th June 2026 (memorandum terms and reaction)
Wikipedia — 2026 Lebanon war (conflict and ceasefire timeline)
Location: Tehran, Iran — 35.69° N, 51.39° E