US-Iran peace accord takes effect (opens original article in a new tab)

A US-Iran agreement to extend their ceasefire and begin peace talks is now in effect, with both presidents signing a 14-point memorandum of understanding. The deal includes Iran diluting its enriched uranium and resuming oil sales, while the US waives some sanctions and facilitates a $300 billion reconstruction fund for Iran. Vice President JD Vance leads the US delegation to Switzerland for a ceremonial signing, as President Trump distances himself from the agreement.

• US-Iran agreement extends ceasefire and starts peace talks with 14-point memorandum of understanding
• Iran commits to dilute enriched uranium and resume oil sales; US waives some sanctions and facilitates $300 billion reconstruction fund
• Vice President JD Vance leads US delegation to Switzerland for ceremonial signing as Trump distances himself from the deal