Iran says draft U.S. deal includes oil sanctions waiver, nuclear limits and asset release

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Cargo ships successful  the Gulf, adjacent   the Strait of Hormuz, arsenic  seen from bluish   Ras al-Khaimah, adjacent   the borderline  with Oman’s Musandam governance, amid the U.S.-Israeli struggle  with Iran, successful  United Arab Emirates. File

Cargo ships successful the Gulf, adjacent the Strait of Hormuz, arsenic seen from bluish Ras al-Khaimah, adjacent the borderline with Oman’s Musandam governance, amid the U.S.-Israeli struggle with Iran, successful United Arab Emirates. File | Photo Credit: Reuters

A elder Iranian authoritative told Reuters a last draught of the memorandum of knowing with the U.S. covered a scope ‌of issues, from Tehran’s atomic enactment to reopening the Strait of Hormuz and U.S. waivers ⁠on lipid sanctions, with a last woody to beryllium discussed successful the 60 days pursuing statement by the 2 sides.

The Iranian ‌official said the draught memorandum included the following:

Strait of Hormuz:

* Iran instantly reopens the Strait ‌of Hormuz to each commercialized vessels, portion the ‌U.S. ⁠lifts its naval blockade connected Iranian ports. The ⁠lifting of the U.S. blockade would statesman instantly aft the memorandum is signed and beryllium completed wrong 30 days.

Financial:

* The U.S. agrees not to enforce immoderate ‌new sanctions connected Iran until a last woody is reached.

* Following a last agreement, each U.S. and U.N. sanctions connected Iran would beryllium lifted according to ‌an agreed timetable.

* The U.S. volition waive lipid sanctions connected Iran for a specified period, allowing Tehran to merchantability lipid and person ⁠revenue.

* The U.S. agrees to merchandise $25 cardinal of Iran’s frozen assets, including via nonstop currency transfers, practice among determination ‌countries, and fiscal recognition lines.

* Washington, successful coordination with its determination allies, would hole a reconstruction and improvement program for Iran, to beryllium negotiated and agreed with Tehran wrong 60 days.

Nuclear:

* Tehran agrees that it volition neither nutrient nor get atomic weapons.

* Pending a ‌final agreement, Iran would support the existent presumption of its atomic programme, refraining from further uranium enrichment and enlargement of atomic facilities.

* The United States agrees ⁠to let Iran to dilute its stockpile of highly enriched ⁠uranium connected Iranian ungraded nether a aboriginal broad agreement.

* Iran’s atomic programme, uranium enrichment activities and mechanisms ‌for handling its stockpile of highly enriched uranium would beryllium negotiated wrong 60 days of the memorandum and addressed successful a last agreement.

Published - June 14, 2026 06:03 p.m. IST

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