There is no "$300 billion fund" or "peace treaty" - these are all "carrots" being dangled to entice Iran. What we know for sure:

1. An MoU has been signed by both sides extending the ceasefire for another 60 days.

2. US Naval blockade will be lifted. The US expects the Strait to be toll-free, while Iranians claim it will not charge anything only during the 60 days ceasefire period. Iran claims it does plan to introduce some "maritime service fees", along with Oman, for the usage of the Strait, in the future.

3. Trump claims Iran will have no weapon grade nuclear material and will hand over all its enriched nuclear material. Iran claims it has only agreed to dilute the existing stockpile of 60% enriched uranium to "civilian grade" levels. It will not hand it over to anyone. And while it will also retain its existing enrichment facilities there will no "0% enrichment" policy as the US administration demands. Iran however will restrict itself from enriching uranium for military use as per the NPT.

4. The agreement also demands that Israel will have to end all military operations in Lebanon too, and withdraw from all the Lebanese territories occupied by it so far. Israel has however said it will not withdraw from the territories it has captured. Iran says it is up to Trump and the US to bring Israel to heel and enforce the agreement.

5. "Denuclearisation" and complete cessation of hostilities in Lebanon is supposed to be further negotiated within this 60 days period. During this process, US has offered to lift some sanctions if progress is made on the nuclear "deal".

- MoU reached. Peace? Not sure. - https://www.tehrantimes.com/news/527364/MoU-reached-Peace-No...

- Iran and US agree peace deal roadmap: What is and isn’t known - https://www.rt.com/news/641641-iran-us-peace-deal/

- Scoop: CIA director doubts Iran's intentions on deal, sources say - https://www.axios.com/2026/06/15/us-iran-deal-cia-director-r...

Personally, I wouldn't hold my breath for this ceasefire to last beyond 60 days. Netanyahu needs some war, some where to continue till elections in Israel are over. Peace in the Lebanon front upsets that. The US has made clear it wants the enriched nuclear pile removed. So Iran will have to deliberate on how much of all this nuclear negotiations can be trusted to not be an "intelligence gathering" exercise (to figure out where the stockpile is currently - dilution of the enriched pile will need on the ground inspection).

Vance: Iran can have access to $300B reconstruction fund