Key Points on US-Iran Deal

Senior US officials have revealed a preliminary memorandum of understanding with Iran aimed at ending a 110-day conflict. The deal includes an immediate ceasefire, Iran’s commitment to destroy its stockpile of enriched uranium, and the re-opening of the Strait of Hormuz for commercial vessels within 30 days. Both sides have 60 days to negotiate a final agreement, with sanctions relief and Iranian oil waivers contingent upon Iran implementing the deal’s terms.

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