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Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade

By Thomson Reuters May 27, 2026 | 7:33 AM

(Corrects first paragraph to show that state TV obtained the draft, not Tehran. Changes headline source to state TV)

DUBAI, May ​27 (Reuters) – Iran’s state TV said it ‌had obtained a draft of an initial, unofficial framework for a memorandum of understanding between Iran and the United States on ending their conflict.

Under the framework, ‌Iran ​would restore commercial shipping through ⁠the Strait of Hormuz ⁠to pre-war levels within a month, while the United States would withdraw military forces from Iran’s vicinity and lift a naval blockade.

State ​TV said the framework, which excludes military vessels and envisages Iran managing ship traffic ⁠through the strait in ⁠cooperation with Oman, was not yet ​finalised and that Tehran would take no steps without “tangible ​verification”.

It added that if a final agreement ‌was reached within 60 days, it could be approved as a binding U.N. Security Council resolution.

The emerging U.S.-Iran MoU stems from indirect talks ⁠launched after the war that began in February, with Pakistan playing a central mediating role between Tehran ⁠and Washington.

The ‌war erupted after a sharp escalation ⁠between Iran and Israel earlier ​this year, ‌with both sides exchanging missile ​and drone ⁠attacks that disrupted shipping in the Gulf and drew in U.S. military involvement, raising fears of a wider regional conflict.

(Reporting by Elwely Elwelly, Writing by Jana Choukeir, Editing by Philippa Fletcher and ​Toby Chopra)