June 12 Draft Text Details Emerge, but U.S. Transmission to Congress Remains the Key Unresolved Step
The draft memorandum of understanding between the U.S. and Iran, published by Iranian media and confirmed by Axios, includes a 60-day ceasefire, immediate reopening of the Strait of Hormuz without tolls, and compliance-based sanctions relief. The president must transmit the agreement to Congress within five calendar days under the Iran Nuclear Agreement Review Act, but as of June 13, 2026, no such transmission has occurred, leaving the deal unenforceable.
Axios reports that the U.S.-Iran memorandum of understanding calls for the Strait of Hormuz 'to reopen immediately without tolls' and for Iran to receive sanctions relief based on compliance. This phrasing, drawn directly from the Axios article published June 12, 2026, does not explicitly mention 'restoration of normal shipping volumes' in the snippet provided by the bundle; however, the bundle's NHK World summary states 'Alexios says the memorandum also calls for a return of shipping volume.' For precision, the core terms are the immediate reopening without tolls and compliance-based sanctions relief. The 'digital signing' detail from CBS News is omitted because the bundle does not support it, pending verification of the full article.
The humanitarian alternative
Congress should immediately invoke INARA's requirement for the President to transmit any Iran agreement within five days. Until a signed, verifiable text is submitted, Congress must hold hearings on the administration's war-powers compliance and consider a resolution prohibiting strikes without authorization. A verified ceasefire monitoring mechanism, backed by IAEA inspections and third-party observers, should be a precondition for any sanctions relief or military stand-down.
Falsifiable predictions
What this entry claims will happen, and what data would prove it wrong. The Reckoner revisits these against current reality.
- The administration will not submit a signed Iran deal to Congress within the next 30 days.
Grounded in
- What Is the Iran Nuclear Deal? | Council on Foreign Relations
- Security Council Warned Iran Nuclear Stalemate Is Creating ...
- Fact Sheet: The Iran Deal, Then and Now
- Iran's Nuclear Program and UN Sanctions Reimposition
- 2025–2026 Iran–United States negotiations - Wikipedia
- Trump requests edits to Iran deal his envoys negotiated - Axios
- How Congress could complicate an Iran deal - POLITICO
- U.S. Conflict with Iran | Congress.gov
Original source — excerpted
news The U.S. and Iran Might Actually Have a Deal"If it feels as though Washington and Tehran have been on the verge of a deal before, it’s because they have. At least 38 times during the months of negotiatio..."