The United States and Iran have reached an interim peace agreement to end fighting and resolve disputes over nuclear weapons and oil sanctions.

This agreement aims to stop a conflict that has killed thousands of people in Iran and 13 U.S. servicemembers [2]. It is designed to reopen the Strait of Hormuz and provide critical economic relief to Tehran.

The draft agreement contains 14 points [4]. President Donald Trump said the secret peace agreement says Iran will never be allowed to have a nuclear weapon [1]. The draft text further states that Tehran has reiterated it will never produce a nuclear weapon [3]. However, some reports indicate the interim deal leaves the nuclear program as a primary issue still to be negotiated over a two-month period [5].

Financial terms of the deal include the establishment of a $300 billion reconstruction fund [1] and the easing of oil sanctions. These measures are intended to stabilize the Iranian economy following the period of warfare.

Officials said the formal signing is expected to take place at the Burgenstock resort in Switzerland [2]. The signing is expected to occur within two days of the current reports [2].

President Trump said the agreement is a critical step toward regional stability. The deal follows a period of intense volatility in the Middle East that threatened global energy supplies and increased military tensions between Washington and Tehran.

“The secret peace agreement says Iran will never be allowed to have a nuclear weapon.”

This interim agreement represents a significant diplomatic pivot intended to prevent further escalation in the Middle East. By linking economic incentives—specifically the $300 billion fund and oil sanctions relief—to nuclear concessions, the U.S. is attempting to neutralize a long-standing security threat while restoring the flow of oil through the Strait of Hormuz. The discrepancy regarding whether the nuclear issue is fully resolved or merely paused for two months suggests that the finality of the deal depends on upcoming technical negotiations.