A U.S.-Iran memorandum of understanding signed June 15 includes an end to fighting, lifting of blockades in the Strait of Hormuz and Gulf of Oman, release of frozen assets, reparations, and a $300 billion fund with more than half already committed. The arrangement opens a pathway for nuclear talks and was advanced by President Trump despite Israeli objections. Multiple outlets confirm core financial and de-escalation provisions while the February 28 start of hostilities rests on narrower sourcing.