World17-06-2026Preliminary US-Iran deal based on pay-for-performance framework, officials sayThe preliminary memorandum of understanding between the United States and Iran to halt hostilities and reopen the Strait of Hormuz will be based on a strict pay-for-performance framework, senior US officials told reporters, including Rudaw, in a Wednesday background briefing, emphasizing that all economic relief to Tehran will be strictly conditioned on verifiable Iranian compliance.