Overview
- Reports describe a draft 60-day ceasefire that would require Iran to renounce any nuclear weapons ambition, clear mines in the Strait within 30 days, and allow supervised removal and destruction of buried enriched uranium under U.S., Iranian and IAEA oversight in exchange for the U.S. lifting its naval blockade.
- President Trump said the blockade will be lifted if an agreement is reached and demanded immediate, fee-free passage through the Strait of Hormuz and prompt elimination of remaining sea mines.
- Vice President J.D. Vance said Washington and Tehran are very close to signing the memorandum and mediators from Qatar and Pakistan are actively engaged in final wording.
- U.S. forces reported recent strikes that destroyed several Iranian drones and a drone-control site near Bandar Abbas, and Iran has warned of retaliatory measures that could jeopardize implementation.
- Reopening the Strait would quickly relieve blocked shipping and affect global energy flows, but verifying and excavating buried nuclear material is technically difficult and could delay or complicate the deal.