What’s inside ‘leaked’ US-Iran deal? A purported draft of a US-Iran memorandum of understanding outlines potential sanctions relief, the lifting of a naval blockade, and the release of frozen assets for Iran. The deal suggests an immediate end to hostilities and a commitment to negotiate a final agreement within 60 days, with Iran reiterating its commitment not to produce nuclear weapons. Key nuclear issues are to be addressed in a subsequent formal agreement.

• Leaked draft details a US-Iran memorandum of understanding with potential for extensive sanctions relief and access to frozen assets for Iran.
• The agreement proposes an immediate and permanent end to hostilities on all fronts and respect for sovereignty.
• The US would lift naval blockades and sanctions, while Iran would resume merchant ship traffic in the Persian Gulf and Sea of Oman.
• A comprehensive plan for Iran’s economic development with at least $300 billion in financing is mentioned.
• Iran reiterates it will not produce nuclear weapons, with nuclear-related issues to be addressed in a final agreement.
• The US Treasury would issue waivers for Iranian oil exports, and frozen assets would be released.
• Negotiations for a final agreement would commence after initial implementation steps, with the final deal requiring UN Security Council approval.