Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
The draft would allow 60 days of talks, reopen shipping through the Strait of Hormuz and ease sanctions if Iran shows good faith.
- Details of a 14-point draft memorandum of understanding between the U.S. and Iran emerged Friday via Iranian state media, outlining the potential framework to officially end the intense regional conflict.
- The proposal dictates that Iran will reopen the strategic Strait of Hormuz within 30 days, while the U.S. must simultaneously lift its naval blockade and suspend all economic sanctions targeting Iranian oil and petrochemical exports.
- The draft demands heavy financial and military concessions from Washington, including the release of $24 billion in frozen Iranian assets, the complete withdrawal of American forces from around Iran, and a $300 billion Western-led reconstruction plan for the country.
- Tehran has explicitly kept its ballistic missile program and regional proxy networks off the table, though the agreement does allocate a 60-day window to negotiate secondary issues regarding Iran's nuclear enrichment.
- Global financial markets rallied sharply while crude oil prices fell over 3% on the breakthrough, though Iranian officials maintain the text remains a draft and still requires final approval from Supreme Leader Mojtaba Khamenei.
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Iranian media have obtained a draft agreement with the United States, which apparently does not stipulate that Iran should give up control of the Strait of Hormuz. The draft is also said to grant them the right to enrich uranium. US President Donald Trump announced yesterday evening that the Iranian side had confirmed the agreement with the United States. “Based on the fact that negotiations with the Islamic Republic of Iran have been transferre…
Pakistan's prime minister, the main mediator of the negotiations with Qatar, confirms that the parties have reached "a consensual final text of the peace agreement." Read more: Trump suspends attacks on Iran: claims to have reached a "big deal" that will close "in the next few days"
U.S., Iran indicate deal is emerging while disputing reported terms
Despite initially conflicting claims emerging from the White House and Iranian state media about the contents and timing of a memorandum of understanding between the parties, there were indications on Friday that the gaps between the two sides could be closing. Prime Minister of Pakistan Shehbaz Sharif confirmed that a “final and agreed version of the peace agreement has been achieved,” while Iranian Foreign Minister Abbas Araghchi said on X tha…
Iran insists on control of Hormuz under any deal with US
TEHRAN - Iran insisted on Friday on its right to maintain control over the Strait of Hormuz and enrich uranium under any peace deal with the United States, after President Donald Trump said a draft accord was ready.
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