June 22, 2026, 3:02 pm
Sponsored by Ground News: Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/perun
After weeks of a U.S. blockade of Iranian ports and Iranian actions to keep the strait of Hormuz effectively closed, the world finally saw Washington and Tehran come to a deal…sorta.
What’s been announced isn’t so much a peace deal as a simple Memorandum of Understanding – establishing a sixty day ceasefire and window for talks, setting some for those negotiations, and giving immediate relief to the Iranian and global economy.
So In this video I go into the Memorandum of understanding, what it does (and critically doesn’t say) why this situation may incredibly unstable, and why some of the biggest strategic winners and losers of the deal (if it holds) may not be the countries that signed it.
Patreon:
https://www.patreon.com/PerunAU
Reading and Sourcing (Partial):
Sources for text of MOU
https://www.bbc.com/news/articles/c4gy700j0eko
https://www.npr.org/2026/06/18/nx-s1-5863027/us-iran-trump-memorandum-of-understanding-full-text
https://x.com/drpezeshkian/status/2067558274568749334
https://www.euronews.com/2026/06/17/read-the-full-text-of-the-leaked-14-point-us-iran-draft-agreement
Iran imposes Insurance requirements on ships transiting Hormuz
https://www.lloydslist.com/LL1157571/Iran-imposes-mandatory-insurance-on-ships-transiting-Strait-of-Hormuz-with-fees-likely-to-follow
Reporting on signing the MoU
https://www.politico.eu/article/iran-us-sign-preliminary-peace-agreement/
Reports on Talks following MoU
https://www.bbc.com/news/articles/cwyekkwm1mmo
https://www.bbc.com/news/articles/cwy0q41v1lzo
https://www.reuters.com/world/asia-pacific/us-disputes-iranian-claims-about-closing-strait-hormuz-negotiators-head-2026-06-20/
Israeli Ministers on MOU
https://www.timesofisrael.com/israel-vows-to-stay-in-south-lebanon-if-iran-strikes-well-hit-it-with-full-force/v
Reports on status of the Strait
https://www.iranintl.com/en/202606199213
https://www.theguardian.com/world/2026/jun/21/us-iran-talks-jd-vance-switzerland-strait-of-hormuz-lebanon
Sanctions on PGSA & KAA
https://www.reuters.com/world/us/carlos-de-la-cruz-wins-republican-nomination-texas-competitive-35th-2026-05-27/
https://main.un.org/securitycouncil/en/content/khatam-al-anbiya-construction-headquarters-kaa
Reporting on $300B investment fund
https://www.aa.com.tr/en/americas/trump-dismisses-iran-payout-claims-as-vance-points-to-300b-gulf-led-fund/3968129
https://www.reuters.com/business/finance/iran-deal-includes-300-billion-fund-more-than-half-which-already-committed-2026-06-16/
Iranian economic response to MOU
https://www.aljazeera.com/economy/2026/6/18/rial-rebounds-and-stocks-soar-but-iranians-still-grapple-with-high-prices
Reporting on Frozen Iranian assets
https://www.euronews.com/business/2026/04/09/could-billions-in-frozen-iranian-assets-help-the-us-unlock-a-deal
https://www.wsj.com/world/middle-east/iran-frozen-assets-7e926b39
Caveats & Comments:
All normal caveats and comments apply. In particular – I would like to note as always that this material has been created for entertainment purposes and is not intended to be a complete or comprehensive examination of the topic in question and should not be relied upon to inform financial or any other decision, evaluation, or similar.
Any content relating to the conduct, views, activities or any aspect of any person or character in this video is included for entertainment purposes and does not represent an assertion of fact on those matters or any matters in relation to that person or character.
Care has been taken in compiling data, quotes, and other inputs from various sources but errors can occur. Quotes and included data should be considered illustrative, not definitive and their veracity should not be relied on.
Timestamps:
00:00:00 — Intro
00:01:15 — What Am I Talking About?
00:03:18 — Towards the MOU
00:07:43 — the Terms
00:26:09 — the Problem of an "Agreement to Agree"
00:32:17 — the Strategic Inventory
00:33:11 — the US and Iran
00:38:42 — Israel
00:48:00 — Russia and China
00:53:53 — Channel Update
Content Creator – Perun
