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U.S. and Iran Near Draft Deal to Reopen Strait of Hormuz but No Agreement Is Signed

The reported draft links phased sanctions relief and port access to verifiable Iranian steps while Tehran’s final approval and verification rules remain unsettled.

Overview

  • President Trump said the pact was “largely negotiated” over the weekend but then told negotiators not to rush and warned the U.S. would use force if talks fail.
  • Negotiators have a draft memorandum that would extend the ceasefire, reopen the Strait of Hormuz for commercial traffic and lift some oil restrictions on a phased, verifiable basis.
  • The framework would defer the hardest nuclear questions to a 30–60 day technical phase to work out how Tehran would handle its highly enriched uranium and enrichment sites.
  • Key mechanics are unresolved, including exact sequencing of inspections, how frozen Iranian assets would be released and whether Iran’s senior authorities will formally approve the draft.
  • The deal faces strong political pressure from Israel and U.S. lawmakers who demand guarantees on dismantling enrichment capacity and tougher verification before relief is granted.