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US media: The US and Iran have reached an agreement on the full reopening of the Strait of Hormuz
On May 25, The Washington Post reported on the 24th that the US and Iran have reached an agreement on a memorandum of understanding framework, which, once signed, will fully restore shipping through the Strait of Hormuz within 30 days.
The report quoted an anonymous senior US government official as saying that the US and Iran have developed a "framework" for the memorandum of understanding, including a 60-day extension of the ceasefire so that both sides can reach a "final agreement" to permanently end the Iran conflict, during which the Strait of Hormuz will be demined and reopened. The official stated that this memorandum of understanding includes a "commitment" that Iran will not possess nuclear weapons. Over the next two months, the US and Iran will discuss the "mechanism" for implementing this commitment.
However, neither the US nor Iran signed any agreement on the 24th. An anonymous diplomatic source familiar with the matter told The Washington Post that once the memorandum of understanding is signed, Iran will immediately reopen the Strait of Hormuz and take measures within 30 days to ensure the channel is restored to pre-war conditions. Additionally, Iran, the US, and their allies will announce an immediate halt to all military actions on all fronts, including Lebanon.
The report also quoted an anonymous Iranian official as saying that the opening of the Strait of Hormuz will be carried out in phases. In the first phase, the US will unfreeze $12 billion of Iranian assets, and demining work in the Strait of Hormuz will also begin, with US sanctions being lifted. However, the Iranian official said that the memorandum of understanding does not include the nuclear agreement, only promising to negotiate on nuclear issues later, with more details possibly released on the 25th. $ETH
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