US-Iran draft deal outlines Hormuz reopening and sanctions relief

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A draft preliminary memorandum of understanding between the US and Iran includes plans to reopen the Strait of Hormuz, ease sanctions, and extend the ceasefire. The framework proposes a renewable 60-day ceasefire amid ongoing nuclear negotiations.

A draft preliminary memorandum of understanding between the United States and Iran outlines plans to reopen the Strait of Hormuz, ease sanctions and extend the current ceasefire, according to a document obtained by Al Arabiya. The draft framework proposes a 60-day renewable ceasefire between the two sides while negotiations continue over Iran’s nuclear program and […] The post US-Iran draft deal outlines Hormuz reopening and sanctions relief appeared first on Container News.