Iran and US Draft Agreement to Restore Shipping in Strait of Hormuz
Iran says draft deal with US would reopen Hormuz shipping, end naval blockade - report
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Iran's state broadcaster reported that a draft agreement with the US aims to restore commercial shipping in the Strait of Hormuz and lift the naval blockade. The deal, mediated by Pakistan, could lead to a binding UN resolution if finalized within 60 days.
- 01Iran plans to restore commercial shipping in the Strait of Hormuz to prewar levels within a month.
- 02The US would withdraw military forces from the area and lift the naval blockade under the proposed agreement.
- 03The framework excludes military vessels and involves Iran managing ship traffic with Oman's cooperation.
- 04The agreement is not finalized, and Iran seeks tangible verification before taking steps.
- 05If finalized within 60 days, it could be approved as a binding resolution by the UN Security Council.
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Iran's state broadcaster IRIB announced that Tehran has received a draft of a preliminary memorandum of understanding (MoU) with the United States aimed at resolving ongoing tensions. The proposed agreement would see Iran restore commercial shipping through the Strait of Hormuz to prewar levels within one month. In return, the US would withdraw its military presence from the region and lift the naval blockade currently in place. The framework, which is still under negotiation, excludes military vessels and suggests that Iran would manage ship traffic in collaboration with Oman. The Iranian report emphasized that no actions would be taken without 'tangible verification' of the agreement. If the deal is finalized within 60 days, it could be submitted for approval as a binding resolution to the UN Security Council. The discussions are part of indirect negotiations initiated after the conflict that began in February, with Pakistan acting as a mediator between the two nations. This conflict escalated following increased hostilities between Iran and Israel, which included missile and drone attacks that disrupted shipping routes in the Gulf and heightened US military involvement, raising concerns of a broader regional conflict.
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The agreement could significantly enhance shipping security in the Gulf, affecting global oil markets and regional stability.
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