Iran says draft deal with US would reopen Hormuz shipping, end naval blockade
Iran has announced a draft deal with the United States aimed at reopening shipping through the Strait of Hormuz and ending a naval blockade. The agreement would see Iran restore commercial shipping to pre-war levels while the U.S. withdraws military forces from the region. This framework is still unofficial and contingent on verification before any final steps are taken.
- ▪Iran's state TV reported a draft framework for a memorandum of understanding with the U.S.
- ▪The deal proposes restoring commercial shipping through the Strait of Hormuz within a month.
- ▪The U.S. would withdraw military forces and lift the naval blockade in exchange for Iran managing ship traffic.
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Iran says draft deal with US would reopen Hormuz shipping, end naval blockadeSign up now: Get ST's newsletters delivered to your inboxVessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. REUTERS/StringerPublished May 27, 2026, 08:44 PMUpdated May 27, 2026, 09:05 PMListenDUBAI, May 27 - Iran's state TV said Tehran had obtained a draft of an initial, unofficial framework for a memorandum of understanding with the United States on ending their conflict.Under the framework, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the United States would withdraw military forces from Iran's vicinity and lift a naval blockade.State TV said the framework, which excludes military vessels and envisages Iran managing…
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