Draft US-Iran memorandum stipulates 60-day ceasefire extension — Axios

🌐 TASS (IR) —
Draft US-Iran memorandum stipulates 60-day ceasefire extension — Axios

AI Summary

A draft memorandum between the US and Iran proposes a 60-day ceasefire extension during which navigation in the Strait of Hormuz will resume, allowing Iran free oil sales. The agreement aims to reduce tensions and stabilize the region's maritime traffic.

During the truce, navigation via the Strait of Hormuz will resume, and Iran will be able to sell its oil freely

World Security Conflict Politics Commodities Energy Shipping US-Iran draft ceasefire Strait of Hormuz oil trade navigation maritime security

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