Iranian state media said Wednesday that Tehran received an initial draft of a 14-point framework for a memorandum of understanding with the U.S. that would facilitate the reopening of the Strait of Hormuz.
The details of the deal include a full lifting of the U.S. blockade of Iranian ports and a withdrawal of military forces from Iran’s territory, according to Iranian broadcaster IRIB. Under the framework, commercial shipping in the strait would return to normal within a month.
Iranian reports on the agreement did not include details on potential commitments by Tehran not to impose transit fees on commercial ships through the strait. Iran is hoping to co-manage shipping traffic through the waterway with Oman, though there is no formal deal yet.
Reports also indicated that military vessels would not be granted safe passage through the strait under the framework agreement.
If the agreement is approved within 60 days, it would be approved as a binding resolution by the United Nations Security Council, Iranian state media reported.
U.S. officials have not confirmed any details of a peace proposal. The Trump administration has insisted that for peace to be achieved, Iran must remove its blockade of the Strait of Hormuz, give up its stockpiles of highly enriched uranium, abandon its support for regional proxy groups and dismantle its nuclear enrichment infrastructure.
Ali Bagheri, deputy secretary of Iran’s Supreme National Security Council, said Wednesday that indirect negotiations with the U.S. were underway via Pakistani mediators.
