Iran deal: Hormuz reopens immediately
The Iran-US term sheet includes the Strait of Hormuz opening effectively immediately, naval blockade lifted, and demining of the waterway.
Snapshot · The Diary Of A CEO with Steven Bartlett
Vice President JD Vance: No One Saw This Coming, The Ceasefire Is Real!
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Jun 18, 2026
Where this was said
What's Inside The Iran Term Sheet?
At 54:14 · chapter starts 53:08
Vance confirms a real term sheet exists: Hormuz opens, nuclear material surrendered to IAEA, long-term inspections, and 60 pages of sanctions lifted in exchange. [1] — JD Vance "Iran agreed to open the Strait of Hormuz, hand over its enriched nuclear material, and accept long-term inspections — in exchange for lifti…" 53:08
Inside the Iran Ceasefire Term Sheet
Iran agreed to open the Strait of Hormuz, hand over its enriched nuclear material, and accept long-term inspections — in exchange for lifting 60 pages of US sanctions and economic reintegration. Vance calls it a genuine term sheet, not another false alarm.
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