Iran and US Draft Agreement to Restore Hormuz Shipping and Lift Naval Blockade
Iran says draft deal with US would reopen Hormuz shipping, end naval blockade
Khaleej Times
Image: Khaleej Times
Iran has announced a draft framework for a memorandum of understanding with the United States aimed at restoring commercial shipping through the Strait of Hormuz and ending a naval blockade. The agreement, which involves cooperation with Oman, is contingent on verification and could lead to a UN Security Council resolution.
- 01The draft agreement proposes restoring commercial shipping in the Strait of Hormuz to pre-war levels within a month.
- 02The United States would withdraw military forces from the region and lift the naval blockade.
- 03Iran would manage ship traffic in cooperation with Oman, excluding military vessels.
- 04The agreement is not finalized and requires tangible verification from Iran.
- 05If finalized within 60 days, the agreement could be presented as a binding UN Security Council resolution.
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Iran's state television has reported that Tehran has received a draft framework for a memorandum of understanding (MoU) with the United States aimed at resolving ongoing conflicts. This draft proposes that Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the U.S. would withdraw its military presence and lift a naval blockade affecting the region. The framework, which is still unofficial and not finalized, stipulates that Iran will manage ship traffic in the strait in collaboration with Oman, specifically excluding military vessels. Iran emphasized that it will not take any steps until there is 'tangible verification' of the agreement's terms. If a final agreement is reached within 60 days, it could potentially be approved as a binding resolution by the UN Security Council. This development follows indirect negotiations initiated after the conflict that began in February, which was marked by escalations between Iran and Israel, including missile and drone attacks that disrupted shipping in the Gulf and prompted U.S. military involvement, raising concerns about a broader regional conflict.
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The agreement could significantly enhance maritime trade and stability in the Gulf region, impacting global oil supply and prices.
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