Senior US officials on Wednesday disclosed the contents of a draft memorandum of understanding with Iran, ending days of secrecy ahead of a planned signing ceremony on Friday. The document outlines an immediate ceasefire, steps toward lifting US sanctions, the restoration of commercial shipping and negotiations on Iran’s nuclear programme.
The interim deal will reopen the Strait of Hormuz and restart talks over Tehran’s nuclear programme. It will also allow Iran to sell oil freely again, according to a text of the accord that US officials provided to the press.
