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Senior US official says US has signed MoU with Iran; US President Trump and VP Vance signed the MoU, and so did the Iran Parliamentary Speaker Ghalibaf

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Senior US official says US has signed MoU with Iran; US President Trump and VP Vance signed the MoU, and so did the Iran Parliamentary Speaker Ghalibaf

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  • Reiterates deal provides immediate opening of Hormuz and lifting US blockade on Iran.
  • There will be a signifcant in the traffic in the Strait starting already.
  • Hormuz opening takes time because of mines.
  • Anticipates traffic in Strait of Hormuz will rise within 1-2 weeks.
  • Formal signing ceremony to take place on Friday.
  • Details of agreement will be put out within next 24-48 hours.
  • Will launch technical discussions later this week.
  • Relief of frozen funds and sanctions relief is tied to performance.
  • Will know within the next 2-3 weeks whether the MoU will turn to an actual agreement.
  • Contains possible USD 300bln rebuilding Iran fund.
  • Want to put nuclear talks up front with Iran.
  • Plan to keep current US military force posture during the next phase of negotiations.
  • Agreement is to contemplate reduction of military forces upon the agreement of a final deal.
  • Were unhappy with the job the Omanis did during negotiations before the war.
  • US understanding is that Ghalibaf is sanctioned by the Iran Supreme Leader to sign and negotiate.
  • US wants to see Iran taking verifable and irreversible steps.
  • Israel's withdrawal from Lebanon is not a condition of the deal.
  • Israel will have right to defend itself from Hezbollah attacks.
  • Sanctions relief is not tied to any particular conduct but to Iran acting appropriately.
  • MoU with Iran is explicit that the Strait of Hormuz will be open toll free for 60 days.
  • US expects toll free traffic in Hormuz Strait to be part of final agreement as well.
  • No unfrozen assets have been released to Iran by US or any other country.

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