Arab media reports that a draft agreement has been reached between the US and Iran

Odaily reports that, according to Al Arabiya, a draft agreement has been reached between the US and Iran. The draft agreement allows for the free opening of the Strait of Hormuz and the removal of naval mines, requiring the restoration of navigation through the strait within 30 days. The agreement stipulates that the US commits to easing its blockade of Iranian ports, allows Iran to sell and export oil, and will provide specific sanctions exemptions for Iranian oil exports. The relaxation of sanctions on Iranian oil will be implemented in phases, depending on Iran's fulfillment of its commitments. The agreement also states that nuclear negotiations will continue in order to reach a long-term consensus. (Jin Shi)