President Donald Trump's proposed peace agreement with Iran is facing growing scrutiny after details from an alleged leaked memorandum suggested Tehran could receive significant economic and strategic benefits as part of a broader effort to end months of conflict and restart negotiations over its nuclear program.
The reported framework, described by several media outlets including Israel's Channel 12, Reuters and the New York Post, outlines a pathway toward a formal settlement between Washington and Tehran. While neither government has publicly released the full text, the reported provisions have fueled debate over whether the arrangement aligns with Trump's previous promises to force Iran into what he once described as "UNCONDITIONAL SURRENDER!"
The agreement comes after months of military confrontation that disrupted regional trade, threatened global energy supplies and placed the Strait of Hormuz at the center of international concern. Trump has said a formal signing ceremony is expected in Switzerland, where the administration plans to unveil the final terms.
According to the reported framework, Iran would commit to guaranteeing safe passage through the Strait of Hormuz during a 60-day negotiation period. Commercial shipping would move through the strategic waterway without tolls during that window, helping restore one of the world's most important energy corridors.
However, the reported language stops short of establishing permanent arrangements. Instead, Iran, Oman and regional partners would reportedly continue discussions over future maritime services and shipping management after the temporary period expires. Several reports indicate that regional officials have already begun examining what longer-term structures could look like once emergency provisions end.
The economic provisions described in the leaked framework have attracted even greater attention.
According to reports, the proposed agreement includes:
- Temporary sanctions waivers allowing Iranian oil exports
- Release of certain frozen Iranian assets
- Suspension of additional sanctions during negotiations
- A pathway toward broader sanctions relief under a final agreement
- Potential access to a reconstruction and development fund valued at up to $300 billion
The reconstruction proposal has emerged as one of the most controversial elements of the reported deal. Reuters, citing a source familiar with the framework, reported that a private-sector Reconstruction and Development Fund could eventually provide up to $300 billion in investment for projects across Iran's energy, transportation, manufacturing and logistics sectors.
Vice President JD Vance appeared to acknowledge the possibility of such funding during an interview with CBS News. Asked about the figure, Vance responded: "Well, Ed, that's the sort of thing they could have access to, funded by the Gulf Coast Coalition, so long as they honour their end of the obligation."
Administration officials have emphasized that the reported fund would not consist of direct U.S. government aid. Instead, financing would reportedly come from private investors and institutions from the Gulf region, Asia, Africa, South America and the United States. According to Reuters, the mechanism is designed to encourage both sides to continue negotiations toward a final settlement.
Questions also remain about the nuclear provisions that sit at the heart of the negotiations. Reports indicate that Iran would reaffirm a commitment never to develop a nuclear weapon, but many of the most difficult issues appear deferred to future talks.
The leaked framework reportedly states that Washington and Tehran will spend the next 60 days discussing uranium enrichment, Iran's long-term nuclear requirements and the disposition of existing enriched uranium stockpiles. Critics have argued that postponing those decisions leaves some of the most consequential issues unresolved.
