Details Of US-Iran Deal Revealed In 12-Point Plan — Timeline For US Withdrawal, $300B Fund, Hormuz Passage
New details of the secretive memorandum of understanding between the United States and Iran have emerged, outlining a framework that would extend the cease-fire to Lebanon, allow Iran to manage the Strait of Hormuz, temporarily ease sanctions and create a pathway toward a broader peace agreement.
The details of the agreement were reported Tuesday by Israel’s Channel 12 and Axios reporter Barak Ravid. The framework has previously been described as a 14-point agreement, though the latest reporting outlined 12 key provisions.
The agreement would begin with an immediate halt to hostilities across the region.
Under the framework, Iran, the United States and their respective allies would cease military operations throughout the Middle East, including in Lebanon, where ongoing tensions involving Hezbollah have threatened to reignite broader conflict.
Iran would also reaffirm its pledge never to build a nuclear weapon, a key demand repeatedly emphasized by President Trump and his administration.
The memorandum calls for both sides to negotiate the future of Tehran’s stockpile of enriched uranium and open talks regarding Iran’s future enrichment activities and its civilian nuclear needs.
While those negotiations take place, Iran would maintain the current status of its nuclear program, which has reportedly suffered significant damage during the conflict.
The agreement would also require the United States to lift its naval blockade against Iran, refrain from imposing new sanctions and avoid deploying additional military forces to the region during the negotiation period.
One of the most significant provisions concerns the Strait of Hormuz, a critical global shipping corridor through which roughly one-fifth of the world’s oil supply passes.
Under the agreement, Iran would guarantee safe, toll-free passage for commercial shipping through the strait for a period of 60 days.
The memorandum also reportedly calls for Washington to release an unspecified amount of frozen Iranian assets once the agreement formally takes effect.
If the parties reach a final agreement after the 60-day negotiation period, the United States would withdraw its forces from the region within 30 days and lift all remaining sanctions on Iran.
The framework would also pave the way for a proposed $300 billion reconstruction fund for Iran.
In addition, the United States would permit Iran to resume oil sales through temporary sanctions waivers while broader negotiations continue.
Finally, Iran, Oman and the Gulf states would begin negotiations on new maritime security arrangements and shipping agreements governing the Persian Gulf and the Strait of Hormuz.
The memorandum is expected to serve as the basis for wider negotiations on regional security, Iran’s nuclear activities and long-term relations between Washington and Tehran, though many of the details remain subject to further talks and final implementation agreements.