- Iran says it has a draft U.S. memorandum of understanding to end their conflict but won’t act until there’s “tangible verification” — the text is not final.
- The draft would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, with the U.S. pulling forces and lifting a naval blockade while Iran (with Oman) helps manage traffic.
- Talks are indirect and Pakistan-mediated after Iran–Israel clashes disrupted Gulf shipping; if sealed in 60 days the deal could become a U.N. Security Council resolution.
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