Hormuz Strait reopening, naval blockade lifted, sanctions relief: What is inside US-Iran draft peace deal
Finally, the moment that the world has been waiting for is here. US President Donald Trump announced on 14 June that a peace deal with
Finally, the moment that the world has been waiting for is here. US President Donald Trump announced on 14 June that a peace deal with Iran is now complete. On Monday, Iranian media published details of a 14-point draft memorandum of understanding (MoU) between Tehran and Washington, laying out a proposed framework to end the war and move towards a final agreement. Iran's semi-official Mehr news agency said the finalisation of the text of the MoU on ending the war would bring about an immediate and permanent halt to the military operations on all fronts, including Lebanon, and terminate the US naval blockade against Iran. Quick answers to key questions • 5 QUESTIONS 1 What specific terms are included in the US-Iran draft peace deal? ⌵ The draft peace deal includes a permanent ceasefire, the lifting of the US naval blockade, a commitment to refrain from interfering in Iran's internal affairs, and a suspension of sanctions on Iranian oil sales, among others. 2 Why is the reopening of the Strait of Hormuz significant in the US-Iran peace deal? ⌵ The reopening of the Strait of Hormuz is crucial as it is a key shipping route for global oil supplies, and its access will restore normal shipping operations, contributing to stability in global energy markets. 3 How long is the negotiation period for the US-Iran peace deal supposed to last?
⌵ The negotiation period for finalizing the US-Iran peace deal is set for 60 days, during which key issues like nuclear terms and sanctions relief will be discussed. 4 What happens to Iranian assets during the negotiation period of the peace deal? ⌵ During the negotiation period, the deal stipulates the release of $24 billion in frozen Iranian assets, with a portion made available to Iran before negotiations commence. 5 Should the US take military action against Iran if a nuclear agreement isn't reached? ⌵ According to statements from President Trump, if a final nuclear agreement isn't achieved, the US may resume military actions or adopt a more aggressive stance as 'guardian of the Middle East.' The development came hours after Trump announced the completion of a deal in a Truth Social post. He wrote, "The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow." What does the draft MOU include? While these points have not been confirmed officially by either side yet, here's what the draft MoU reportedly includes 1. A permanent ceasefire on all fronts, including Lebanon. The Mehr report noted, "Under the agreements reached, the war and military operations on all fronts, including Lebanon, are ended immediately and permanently." 2.
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