Tehran Says Proposed US Agreement Includes $25bn Asset Release and Oil Waivers

Iran has disclosed details of a draft memorandum of understanding currently under negotiation with the United States, saying the proposed agreement includes temporary oil sanctions relief, restrictions on Tehran’s nuclear activities, and the release of billions of dollars in frozen Iranian assets.

According to a senior Iranian official cited by Reuters, the draft framework is intended to serve as a basis for a broader agreement that would be finalized within 60 days of approval by both sides. The proposal covers economic, security and nuclear-related issues that have long strained relations between Washington and Tehran.

Under the reported terms, the United States would refrain from imposing new sanctions during the negotiation period and temporarily waive restrictions on Iranian oil exports, allowing Tehran to resume oil sales and access related revenues. The draft also provides for the release of approximately $25 billion in frozen Iranian assets through a combination of financial arrangements and regional cooperation mechanisms.

The proposed agreement reportedly includes commitments by Iran not to develop or acquire nuclear weapons and to maintain the current status of its nuclear programme while final negotiations continue. Tehran would also discuss mechanisms for diluting its stockpile of highly enriched uranium as part of future arrangements.

Another significant provision involves the reopening of the strategically important Strait of Hormuz to commercial shipping. Iranian officials said Tehran would reopen the waterway to all commercial vessels, while the United States would begin lifting restrictions affecting Iranian ports.

Despite the apparent progress, uncertainty remains over the final shape of any agreement. While President Donald Trump has expressed optimism about reaching a deal, Iranian officials have indicated that discussions are still ongoing and that no final agreement has yet been concluded.

Analysts say any breakthrough between Washington and Tehran could have far-reaching implications for global oil markets, regional security and the future of Iran’s nuclear programme, though substantial negotiations remain before a binding accord is reached.