Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

Summary

Iran has obtained a draft framework for an agreement with the US to reopen commercial shipping through the Strait of Hormuz and end the naval blockade, with potential UN Security Council approval.

Key Points
  • Iran obtained a draft framework for a memorandum of understanding with the US to end their conflict.
  • The deal would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month.
  • The US would withdraw military forces and lift the naval blockade near Iran.
  • If finalized within 60 days, the agreement might be approved as a binding UN Security Council resolution.
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