America releases Iran deal text with 14 clauses

The United States issued a memorandum of understanding with Iran, which includes provisions to open the Strait of Hormuz, ease some sanctions, and address Iran's nuclear program within 60 days. Both parties committed to cease military operations and respect sovereignty. This memorandum is considered a political step rather than a final agreement. It encompasses measures to lift financial sanctions, restore oil trade, and develop a reconstruction plan valued at $300 billion. The official signing is expected on Friday, with a window for negotiations on the final terms before adopting a binding Security Council agreement.

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