Iran’s 14‑point draft diverges from US account, insisting on sanctions relief, Strait reopening and US$300b rebuilding (opens original article in a new tab)

Iran's draft agreement with the US outlines sanctions relief, Strait of Hormuz reopening, and asset releases, diverging from previous reports.

• Iran's 14-point draft memorandum of understanding with the US includes reopening the Strait of Hormuz within 30 days and coordination with Iran.
• The draft demands suspension of US sanctions on Iranian oil, petrochemicals, and full access to Iran's financial resources.
• The document requires US$24 billion in frozen Iranian assets to be released during 60-day negotiations, with half available before final talks.