Iranian officials reveal draft US-Iran memorandum: Iran pledges not to acquire nuclear weapons and reopen the strait; the US unfreezes assets and exempts oil sanctions

Odaily Planet Daily News According to Reuters: Senior Iranian officials stated that based on a draft memorandum reached with the United States, Tehran has agreed to neither produce nor acquire nuclear weapons. In the draft memorandum, the US agrees to Tehran's dilution of its stockpile of highly enriched uranium within Iran, with specific mechanisms to be discussed within the next 60 days. According to the draft memorandum, the US will exempt Iran from oil sanctions within a specified period, allowing Iran to sell oil and generate revenue. Iran will immediately reopen the Strait of Hormuz to all commercial vessels, and the US will lift its maritime blockade. The US agrees to release $25 billion in frozen Iranian assets, through direct cash transfers, cooperation among regional countries, and financial credit lines. (Jin Shi)