A draft memorandum between Iran and the US reportedly includes Iran’s commitment to not produce nuclear weapons and reopening the Strait of Hormuz. The US would lift its naval blockade and provide sanctions relief, including releasing frozen Iranian assets. Both sides are expected to finalize implementation details in the coming days. A draft memorandum between Iran and the US reportedly includes Iran’s commitment to not produce nuclear weapons and reopening the Strait of Hormuz. The US would lift its naval blockade and provide sanctions relief, including releasing frozen Iranian assets. Both sides are expected to finalize implementation details in the coming days.
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