Trump signs historic 14-point peace deal to end 107-day war with Iran

In a monumental diplomatic breakthrough, US President Donald Trump and Iranian President Masoud Pezeshkian have signed a historic 14-point peace accord aimed at ending months of devastating warfare in the Middle East. President Trump finalized the "Islamabad Memorandum of Understanding" during a dinner reception hosted by French President Emmanuel Macron at the Palace of Versailles following the conclusion of the G7 summit. Concurrently, President Pezeshkian signed the document from Tehran, marking a rare and extraordinary moment of direct diplomatic agreement between the two adversarial nations since relations fractured nearly half a century ago.

The newly enacted framework institutes an immediate and permanent cessation of military operations across all active fronts, specifically encompassing localized conflicts in Lebanon. Under the strict terms of the 60-day interim agreement, the United States will completely dismantle its naval blockade of Iranian ports within 30 days and issue immediate Treasury waivers to allow the free export of Iranian crude oil. In return, Iran has committed to restoring safe, toll-free commercial shipping through the critical Strait of Hormuz for the 60-day duration, significantly easing anxieties over a potential collapse in global energy markets and subsequent worldwide depression.

Beyond immediate military de-escalation, the memorandum outlines a massive US-backed reconstruction and economic development fund for Iran valued at no less than $300 billion, alongside a structured process for the phased release of frozen Iranian assets. On the nuclear front, Tehran has officially reaffirmed its commitment to never develop or acquire nuclear weapons, agreeing to onsite down-blending of its highly enriched uranium stockpiles under the strict verification of the International原子力机构 (IAEA). Both countries are now bound to a 60-day diplomatic window to negotiate a permanent, comprehensive peace treaty.