Tehran/Washington, May 29: Iran and the United States have reviewed a sixty-day Memorandum of Understanding (MoU) aimed at extending the current ceasefire and reopening the Strait of Hormuz. The draft framework includes commitments from both sides to reduce tensions, restore shipping traffic, and begin nuclear-related negotiations.
According to officials, Iran has agreed to clear naval mines within thirty days and ensure free passage of commercial vessels through the Strait without tolls or restrictions. In return, the United States is considering partial sanctions relief, lifting of the naval blockade, and the release of frozen Iranian assets.
The MoU also outlines Iran’s pledge not to pursue nuclear weapons, while talks will address its highly enriched uranium stockpile and enrichment program. The agreement is seen as a step toward stabilizing regional energy markets, with crude oil prices already reacting to expectations of restored shipping routes.
However, the deal still awaits final approval from U.S. President Donald Trump. Analysts caution that regional tensions, including Israeli operations in Lebanon and skepticism within Tehran over U.S. commitments, could complicate implementation.
Global observers note that the sixty-day framework reflects an attempt to balance immediate de-escalation with longer-term negotiations, offering cautious optimism for reduced hostilities in the Gulf region.
