Tehran, June 14 -- A final draft of Iran's memorandum of understanding reached with the US covers diverse issues ranging from Tehran's nuclear program to reopening the Strait of Hormuz and US waivers on oil sanctions, along with war reparations in tranches, according to a senior Iranian official. A final deal between the two sides post agreement will be discussed in 60 days.
According to the Iranian official, the final draft of the MOU includes: Iran immediately lifting of its military blockade from the Strait of Hormuz and reopening it for all commercial vessels, while the US will similarly lift its naval blockade of Iranian ports.
The US will agree not to impose any new sanctions on Iran until a final deal is reached, and will waive its...