Srinagar, June 17 -- Srinagar - A leaked copy of the memorandum of understanding between the United States and Iran has revealed the most detailed picture yet of the proposed framework to end more than three months of war, reopen the Strait of Hormuz and pave the way for a broader settlement between the two long-time adversaries.

The text, according to Saudi Arabia-based Al Arabiya English, outlines a sweeping package of commitments ranging from an immediate cessation of hostilities and sanctions relief to future negotiations over Iran's nuclear programme and a multibillion-dollar reconstruction initiative.

The memorandum, expected to be formally signed in Switzerland later this week, provides insight into the concessions and obligation...