Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
The draft version of the Iran-U.S. memorandum of understanding includes a commitment from the U.S. to lift oil sanctions and a commitment from Iran to reopen the Strait of Hormuz, Iranian state media reported Friday. The 14-point document dictates that final negotiations will not begin until the release of half of Iran’s frozen funds, the…
