Iran says draft US deal would reopen Hormuz and grant oil‑sanctions waiver, nuclear curbs and release of frozen assets (opens original article in a new tab)

Iran's draft agreement with the US includes reopening the Strait of Hormuz, oil sanctions waivers, and nuclear restrictions, with a 60-day period for final negotiations.

• Iran's draft deal with the US includes reopening the Strait of Hormuz to commercial vessels
• US agrees to waive oil sanctions on Iran and release $25 billion in frozen assets
• Iran agrees to limit nuclear activities and dilute highly enriched uranium under a future agreement