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Hormuz Strait will open, oil ban will be lifted, frozen assets will be released… What is special in America-Iran draft memorandum

June 14, 2026 by Uma Shankar

Under the draft memorandum between Iran and America, America has agreed that it will not impose any new sanctions on Iran until a final deal is reached. According to a senior Iranian official, until a final deal is reached, Iran has agreed to maintain the nuclear status quo, which does not include uranium enrichment or expanding nuclear facilities.

news agency According to Reuters Under the draft memorandum, the US has agreed to release $25 billion of Iran’s frozen assets, which includes direct cash transfers, cooperation between regional countries and financial credit lines.

Under the draft memorandum, Iran will immediately reopen the Strait of Hormuz to all commercial vessels, while the US will lift the naval blockade. Along with this, America will lift the oil ban on Iran for a certain time, so that Iran will be able to sell oil and get revenue.

Along with this, America has agreed in the draft memorandum that Tehran will reduce the highly enriched uranium stock inside Iran, this mechanism will be discussed in the next 60 days.

Currently the news is being updated.

About Uma Shankar

Uma Shankar writes about finance, business, and investment topics. He simplifies complex subjects like stock market, banking, tax, and cryptocurrency to help readers make informed financial decisions. Data-driven reporting is his strength.

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