What's in, or not in, the U.S.-Iran peace deal

Published Jun 17, 2026 • 11:52 PM

After months of war and days of secrecy, U.S. officials dictated the text of President Trump's much-touted deal to end the war with Iran. It would reopen the Strait of Hormuz and would "reaffirm" that Iran "shall not procure or develop nuclear weapons." But in exchange, Iran could get billions in cash benefits. Nancy Cordes reports.

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