Argus Media energy reporter Nader Itayim, citing Mehr news agency and a source
close to Iran’s negotiating team, published details of a US‑Iran 14‑point draft
memorandum of understanding. Market-relevant points: permanent, immediate
cessation of hostilities on all fronts including Lebanon; US pledge of
non‑interference and respect for Iranian sovereignty; full lifting of maritime
blockade within 30 days; US withdrawal of forces from around Iran; reopening of
the Strait of Hormuz within 30 days under Iranian arrangements; suspension of
sanctions on Iranian oil, petrochemicals and derivatives and restoration of
Iran’s access to its financial resources; US and allies to propose an Iran
reconstruction plan worth at least $300bn; a 60‑day negotiation period to seek a
final nuclear agreement and full removal of primary and secondary US sanctions
and relevant UNSC and IAEA board measures; and unfreezing $24bn of Iranian funds
during the 60‑day talks, with half to be released before negotiations begin.
