Washington, United States. U.S. President Donald Trump said a “largely negotiated” memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, a key shipping route whose closure has disrupted global energy markets. Iranian news agency Fars disputed his claim.
Deal details still under discussion
Trump wrote on Truth Social that final aspects and details of the deal were being discussed and would be announced shortly. He did not say what else would be included in the agreement.
Fars reported early on Sunday that the agreement would allow Iran to manage the strait and said Trump’s statement about reopening it was “inconsistent with reality.”
Reports on ceasefire and sanctions relief
Axios reported late on Saturday that the U.S. and Iran were close to a deal that would reopen the Strait of Hormuz with no tolls during a 60-day ceasefire extension. The report said Iran would be able to sell oil freely and talks would continue on curbing its nuclear program.
Axios, citing a U.S. official, said the U.S. would lift its blockade on Iranian ports and grant some sanctions waivers on Iranian oil.
The draft agreement also includes commitments from Iran never to pursue nuclear weapons and to negotiate over suspending uranium enrichment and removing its stockpile of highly enriched uranium, according to the report.
The New York Times reported that the proposed deal includes an “apparent commitment” by Iran to give up its highly enriched uranium. The newspaper said details on how Iran would cede the stockpile would be left for a later round of talks, citing two unidentified U.S. officials.
War aims and mediation efforts
Trump has repeatedly said the U.S. struck Iran to prevent it from obtaining nuclear weapons, while Iran says it is not seeking such weapons and has a right to enrich uranium for civilian purposes.
Iran said on Saturday that it was working toward a memorandum of understanding on ending the war after its top officials met with Asim Munir, the army chief of Pakistan, which has sought to mediate.
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