US and Iran near framework deal to open Strait of Hormuz and freeze nuclear work
A final draft of a framework memorandum between Washington and Tehran outlines the immediate opening of the Strait of Hormuz, temporary lifting of US oil sanctions, and a 60-day window to finalize a permanent nuclear agreement.
Core commitments
A high-ranking Iranian official told Reuters that the final draft of the framework memorandum between the United States and Iran covers a broad set of mutual obligations. Under the deal Iran would immediately open the Strait of Hormuz to all commercial ships. In return the US would end its blockade of Iranian ports, temporarily lift all sanctions on Iranian oil exports, and refrain from imposing any new sanctions until a final peace agreement is signed. The US would also unfreeze approximately $25 billion in Iranian assets through direct cash transfers, lines of credit, and cooperation with regional states.
Nuclear status quo and verification
Tehran would commit not to produce or seek nuclear weapons and would maintain the current status of its atomic programme. That means no further uranium enrichment and no expansion of nuclear infrastructure until the final accord. Washington would allow Iran to dilute its existing stockpile of enriched uranium on its own territory; the detailed mechanism would be negotiated within 60 days. A US administration official described four pillars of the arrangement: opening the Strait and ending the blockade, dismantling Iran’s nuclear programme with the enriched material handed over to the American side and
, long-term regional peace, and an inspection regime to verify commitments.destroyed on site and then removed from the country
Economic relief and reconstruction
Once the final pact is inked, sanctions imposed by the United States and the United Nations on Iran would be lifted according to a predetermined schedule. In the interim the US, together with regional partners, would prepare a plan for Iran’s reconstruction and economic development, to be negotiated and agreed with Tehran within the same 60‑day window. The overall package aims at gradual sanctions relief and reintegration of Iran into the global economy.
Signing date still uncertain
President Donald Trump and a Pakistani mediator announced on Saturday that the signing was planned for Sunday, June 14. Iranian authorities have not confirmed that timetable. The Fars news agency reported that Tehran is still weighing its final decision on the framework memorandum, while a Qatari delegation joined Pakistani representatives in the Iranian capital to mediate the talks.
Israel convenes security cabinet
Prime Minister Benjamin Netanyahu convened a security cabinet meeting for Sunday after Trump’s announcement, the Times of Israel reported. Senior Israeli officials told Channel 12 that the terms
and that Washington had agreed to Tehran’s main conditions. According to Axios, Israeli officials are concerned about the content of the deal but are avoiding public criticism.threaten the security interests of Israel
- Planned signing of framework memorandum (not confirmed by Iran)
- Immediate opening of Strait of Hormuz, US ends port blockade, temporary oil sanctions lifted, $25 billion unfrozen
- Deadline for final nuclear agreement, enriched uranium handling mechanism and reconstruction plan
