Iranian officials outlined conditions for reopening the Strait of Hormuz, though Washington pushes back on the specific text.
Iranian state television said a draft MOU with Washington includes releasing 12 billion dollars in frozen assets.
In addition, tehran linked reopening the Strait of Hormuz to terms in the reported memorandum.
U.S. officials disputed Tehran’s characterization of finalized nuclear assurances in the text. The account draws on verified materials available as of May 30, 2026.
Officials said negotiations continued as both sides traded public statements on deal contents.
Named entities in source reporting include Iran, United States, Strait of Hormuz.
Source documents list dates, agencies, and procedural steps referenced in the summary above.
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Sources:
https://www.thehindu.com/news/international/iran-state-tv-draft-deal-assets