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Iran’s state TV reported an unofficial draft framework for an initial memorandum of understanding with the United States to end the ongoing conflict. Key elements of the reported agreement include: [1]
Strait of Hormuz: Iran would restore commercial shipping traffic to pre-war levels within one month, excluding military vessels and coordinating with Oman.
U.S. Concessions: The United States would lift its naval blockade and pull back military forces from Iran's vicinity.
Timeline: If a finalized deal is reached within 60 days, it could be approved as a binding U.N. Security Council resolution. [1]
