Iran-US draft deal would release $24B in funds, ensure Lebanon ceasefire: Iranian media

The draft circulating in Iranian state media, which Trump denied on Friday, would grant Tehran sanctions relief and access to billions in frozen funds while limiting final talks to nuclear issues and excluding its missile program and proxies.

Adam Lucente , Rosaleen Carroll

Jun 12, 2026

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Iranian news outlets leaked alleged details on Friday of the proposal being discussed with the United States, including a number of terms favorable to Tehran that contradict recent declarations by the Trump administration and Israel. 

President Donald Trump denied the reports, saying the reported terms contradict what Tehran agreed to. In a post on Truth Social, he said that the terms circulated by Iranian media “have NOTHING to do with the terms that were agreed to, in writing.” He called the Iranians “dishonorable people to deal with,” adding that “they better get their act together.”

What happened: Iran’s semi-official Mehr news agency published what it said are “new details” pertaining to a draft 14-point memorandum of understanding. The terms are as follows:

A permanent and immediate ceasefire on all fronts, including Lebanon

US commitment to non-interference in Iran’s internal affairs and respect for its sovereignty

A complete lifting of the US naval blockade on Iran within 30 days

US commitment to withdraw its........

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