Per Woofun AI, a draft of the U.S.-Iran Understanding Memorandum reveals that Washington intends to immediately issue waivers for Iranian crude oil, petrochemical products, and associated financial services upon signing.

Concurrently, the United States plans to advance a $300 billion financing package to support Tehran's economic recovery while gradually unfreezing overseas assets.

The agreement, scheduled for signing in Switzerland on June 19th, mandates a permanent ceasefire across all fronts, including Lebanon, and prohibits future use of force. The U.S. commits to lifting the maritime blockade and restoring navigation through the Strait of Hormuz within 30 days, alongside military withdrawal from the region. In return, Iran pledges to forgo nuclear weapons development and resolve enriched material issues. While former President Trump denied direct funding, sources clarify that current oil exemptions apply only to cargo already loaded onto ships, not a full export resumption.