Iran has pledged never to produce nuclear weapons and to immediately begin reopening the Strait of Hormuz, while the US agreed to a set of financial incentives including lifting of sanctions and a reconstruction fund worth $300 billion (€258.5bn), according to a 14-point document that appears to lay out the full terms of the US-Iran framework deal.
The draft's veracity, made public by Arabic-language media in parallel, has not yet been officially confirmed by either Washington or Tehran. It also remains unclear whether the draft that circulated at G7 meetings will be the version formalised at a ceremony on Friday.