Read Full Transcript: Interim Deal to End Iran War

The draft initiates a 60-day process of negotiations aimed at brokering a final deal to end the war, reopen the Strait of Hormuz, and eventually rebuild Iran.

Iranian Basij militia members display their drones during military maneuvers in Tehran, Iran, on Jan. 10, 2025. Majid Saeedi/Getty Images

The full text of the memorandum of understanding to bring a close to the war between the United States, Israel, and Iran and reopen the Strait of Hormuz was revealed by senior U.S. officials on June 17.

The official document has not yet been released, but is set to be signed formally by all parties on Friday. The senior U.S. officials spoke anonymously to read the draft to journalists during a call as President Donald Trump spoke at the annual G7 summit in France.