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Iran Draft Deal Includes Strait Reopening and $25B Asset Release

2026-06-14 10:25:58

Abstract generation in progress

Senior Iranian officials said a draft memorandum with the U.S. includes a $25 billion release of frozen Iranian assets. The draft also says Iran would immediately reopen the Strait of Hormuz to commercial vessels. The U.S. would waive oil sanctions against Iran for a specified period.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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