History of Iran’s nuclear program: Timeline
Following an interim deal between the U.S. and Iran, Washington has agreed to waive oil sanctions in exchange for Iran diluting its enriched uranium stocks. The agreement aims to resolve long-standing tensions and facilitate a $300 billion reconstruction fund for Iran.
Why it matters
The lifting of sanctions and the potential for a nuclear deal represent a major shift in international relations and global energy policy.
The United States and Iran have reached an interim deal aimed at ending the war and reopening the Strait of Hormuz. U.S. President Donald Trump and Iran’s President signed the agreement on Wednesday (June 17, 2026), seeking to end the West Asia conflict, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief.
The report provides a factual timeline and summary of the agreement without taking a stance on the efficacy of the deal.
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