Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release: Reuters
The draft would also let Iran sell oil, free $25 billion in assets and set nuclear limits within 60 days, a senior official said.
- A senior Iranian official disclosed details of a final draft memorandum of understanding with the U.S., mapping out a transitional framework before a permanent, comprehensive treaty is negotiated over the next 60 days.
- The strategic Strait of Hormuz will immediately reopen to all international commercial shipping vessels, paired with a reciprocal U.S. commitment to completely dismantle its naval blockade on Iranian ports within 30 days.
- Washington will grant explicit oil sanctions waivers, allowing Tehran to legally resume the export of crude oil and access vital international energy revenue channels without hitting immediate financial penalties.
- The U.S. has agreed to unfreeze $25 billion in restricted Iranian assets, facilitating the return of the capital through direct cash transfers, cooperative regional bank networks, and newly established credit lines.
- Tehran will freeze its nuclear program at the current status quo, pledging not to produce or acquire nuclear weapons while agreeing to downblend its near-weapons-grade uranium stockpile directly on Iranian soil under UN supervision.
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Onmanorama Explains | US-Iran peace pact: The deal, the dispute and India's takeaway
A preliminary US-Iran peace deal to end a 107-day conflict, which disrupted oil supplies, has been signed, with key provisions like the Strait of.US Iran peace deal, Middle East conflict resolution, Strait of Hormuz reopening, Iran nuclear program negotiations, sanctions relief for Iran, global oil supply stability, impact on India economy, energy prices stabilisation, ceasefire in Lebanon, frozen assets release Iran, financial markets recovery, US President Trump Iran deal, Iranian Parliament Speaker Ghalibaf, Vice President JD Vance statement, Middle East geopolitical shifts
Nuclear technicalities easiest to resolve in US-Iran deal, says former Indian Envoy Dinkar Srivastava
Addressing the 60-day diplomatic window opened by the Washington-Tehran memorandum of understanding, Srivastava stated that while current priorities have focused on easing immediate military and maritime tensions, resolving the deferred nuclear file will be the easiest hurdle to clear.
Bruno Cardoso Reis points out that the agreement is the most rational scenario to reopen the Strait of Ormuz and ease the economy. He adds that success depends on Netanyahu's calculations.
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