Iran says draft US deal includes oil sanctions waiver, nuclear limits, asset release (opens original article in a new tab)

Iranian officials revealed a draft US deal involving Strait of Hormuz access, oil sanctions waivers, nuclear limits, and asset releases, with final negotiations set for 60 days after agreement.

• Iranian official says draft US deal includes Strait of Hormuz reopening and US naval blockade lift
• US agrees to waive oil sanctions and release $25 billion in frozen assets to Iran
• Iran agrees to limit nuclear weapons development and maintain current nuclear program status
• Nuclear program details to be negotiated within 60 days of memorandum