- Iranian state TV is reporting that a draft memorandum of understanding (MOU) framework between the US and Iran suggests the US would lift its naval blockade on Iranian ports and withdraw military forces.
- Under this alleged draft, Iran would commit to restoring commercial transit through the Strait of Hormuz to pre-war levels within one month, with Iran and Oman managing ship traffic.
- The White House has vehemently denied the Iranian state TV report, dismissing it as “a complete fabrication” and saying no such agreement exists.
- Previously, Iran had conditioned any peace agreement with the US on the release of $24 billion in frozen Iranian assets, demanding half be transferred upon the announcement of an MOU.
- The broader context includes ongoing tensions in the Strait of Hormuz, highlighted by a recent attack on a South Korean cargo ship likely involving an Iranian anti-ship missile, and NATO preparations for potential missions in the region.
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