US-Iran MoU said to include Lebanon ceasefire, an Iran vow not to seek nukes, discussion of uranium stockpile as soon as MoU takes effect

The Memorandum of Understanding agreed upon by Iranian and American negotiators provides for a 60-day extension of the ceasefire, unrestricted passage through the Strait of Hormuz, and the removal of Iranian mines from the strategic waterway within 30 days, Channel 12 and Axios report, citing senior US officials.

Under the reported terms of the deal – which still requires approval from US President Donald Trump – Washington will ease its naval blockade on Iranian ports in parallel with Tehran restoring full international shipping through the Strait of Hormuz.

Channel 12’s Barak Ravid quotes a “very senior American source” saying the terms were agreed “by all levels” of the Iranian leadership. But he cautions that “we will have to see” whether Supreme Leader Mojtaba Khamenei has indeed approved it.

The US will also commit to negotiating broader sanctions relief and the release of frozen Iranian funds, while temporarily suspending some sanctions during the 60-day period to allow Iran to resume unrestricted oil exports.

Negotiations over Tehran’s nuclear program will continue during the ceasefire extension, with the first issues on the agenda reportedly to focus on the disposal of Iran’s highly enriched uranium stockpile and future limits on its uranium enrichment. Iran will also formally commit not to pursue nuclear weapons.

The ceasefire will also apply to Lebanon, Channel 12 says, although Israel would be free to counter immediate threats by Hezbollah.

The Channel 12 report sets out the key terms of the MoU as follows:

• The ceasefire will be extended for 60 days
• Traversing the Strait of Hormuz will be unimpeded and unlimited, with no tolls and no Iranian interference
• Iran will remove all naval mines it has placed in the strait within 30 days
• The US blockade of Iranian ports will be lifted gradually, according to the renewal of passage for shipping through the strait
• The withdrawal of American forces deployed to the area since the start of the war will be dependent on the reaching of a permanent agreement between the sides, including on the nuclear issue
• Iran will issue a commitment not to seek nuclear weapons, not to try to develop nuclear weapons and not to try to purchase nuclear weapons
• Iran will commit that the first issues to be discussed in the negotiations on a permanent accord, which will begin as soon as the MoU is signed, will be how to dispose of its stockpile of enriched uranium, and how to limit uranium enrichment in Iran
• The US, for its part, will pledge that at the end of the negotiations, it will ease sanctions on Iran, and unfreeze Iranian funds
• During the 60 days of talks, the US will suspend some sanctions to enable Iran to sell oil without limitations
• The 60-day ceasefire extension will apply to Lebanon, but Israel will be able to act against immediate threats from Hezbollah.

The report quotes an American source saying the MoU “is designed to bring everybody to the table. The details will be finalized in the course of the [60-day] negotiations. There are those in the Iranian regime who recognize that this is an opportunity to move in a different direction. We will find out during the talks if that is indeed the case.”

The source adds: “If it becomes clear during the talks that Iran cannot deliver the goods on the nuclear issue, Trump will have all options on the table — economic and military.”

Another senior US official reportedly says Trump is expected to decide within the next two days whether to approve the MoU.