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Al Jazeera English · updated 2026-06-17

U.S.-IRAN MEMORANDUM OF UNDERSTANDING - IRAN COMMITS NOT TO BUY OR DEVELOP NUCLEAR WEAPONS

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“U.S.-IRAN MEMORANDUM OF UNDERSTANDING - IRAN COMMITS NOT TO BUY OR DEVELOP NUCLEAR WEAPONS”

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Kenneth Katzman spent 25+ years as Iran analyst for the U.S. Congress.

At the Congressional Research Service, Katzman briefed lawmakers on Iran, the Gulf, and regional security. Now a Senior Fellow at the Soufan Center — a nonpartisan security think tank — he brings that policy-depth to this analysis.

This storyWhen the US first froze Iranian assets in 1979, how much was blocked?

Around $1.2 billion
Around $12 billion
Around $45 billion
Around $80 billion

Guess, then reveal the answer

Around $12 billion

This storyShould the US pursue direct diplomacy with Iran right now?

Yes — talks are overdue 0%
Only with strict conditions 0%
No — pressure works better 0%
Too volatile to predict 0%

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This storyWill Iran's $100B+ in frozen overseas assets ever be fully released?

Yes — a deal will be struck 0%
Only a fraction gets released 0%
No — sanctions will hold 0%
Assets stay frozen indefinitely 0%

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Ramat David is one of Israel's oldest active air bases!

Built by the British in 1942, Ramat David Air Base in northern Israel has been a key IDF site for over 80 years. Learn more at Wikipedia

Trump has declared deals dead before — then restarted talks.

In diplomacy, 'deal is over' declarations often precede renewed negotiations. Trump previously called off North Korea talks in 2019 before resuming them. Follow live updates at AP News

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Iran–U.S. Tensions primary