Iran is demanding the immediate release of $12 billion in frozen assets held in Qatar as a precondition for continuing negotiations with the United States, according to a report by Iran International. This demand is viewed as the sole immediate obstacle to advancing discussions on a potential Memorandum of Understanding (MOU) between the two nations. The MOU, referred to as the 'Islamabad Declaration,' aims to establish a 60-day ceasefire and facilitate further dialogue. Key elements of the agreement include the reopening of the Strait of Hormuz without tolls, contingent upon Iran clearing mines in the area. In return, the US is expected to lift its blockade on Iranian ports and waive some sanctions, allowing Iran to sell oil more freely. Although the MOU addresses several issues, including the ongoing conflict in Lebanon, discussions regarding Iran's nuclear capabilities and enriched uranium stockpile will continue. The MOU will require approval from Iran's Supreme National Council and ultimately from Supreme Leader Mojtaba Khamenei.