60-Day MoU Proposal Between US and Iran: Key Points on Ceasefire and Hormuz Emerge

(Digital Itla) Amid ongoing tensions between the US and Iran, reports have emerged regarding an agreement on an initial Memorandum of Understanding (MoU) between the two nations, proposing a further 60-day extension of the ceasefire and the initiation of talks for permanent peace. According to foreign media reports, this proposed framework still requires the final approval of US President Donald Trump, while neither Iran nor the US has officially confirmed or commented on the matter yet. The Iranian semi-official news agency, Tasnim, citing negotiating sources, reported that the text of the MoU has not been finalized yet, and details will be made public only after formal approval. According to the US news outlet Axios, the proposed agreement includes a recommendation to fully restore shipping through the Strait of Hormuz, agreeing to open the maritime passage without tolls, obstruction, or alleged harassment. Reports suggest Iran could be given the responsibility of clearing naval mines from the Strait of Hormuz within 30 days, while the US will gradually lift the naval blockade on Iranian ports to restore commercial shipping. Sources claim the proposed agreement also contains clauses to ease certain economic sanctions on Iran, which could facilitate Iran selling oil on the global market. The Strait of Hormuz is considered a vital transit route for global energy supplies, accounting for the transport of roughly 20% of the world's petroleum and liquefied natural gas. Shipping in the region had been severely affected after tensions rose in March. Reports also indicate that the proposed understanding may include a commitment by Iran not to develop nuclear weapons, while the initial phase of negotiations will focus on Iran's uranium enrichment program and stockpiles of highly enriched uranium. Experts point out that Iran currently possesses a large quantity of 60% enriched uranium, which, although not weapons-grade, can be rapidly enriched further—a matter of concern for global powers. Analysts believe that if this agreement is finalized, it could not only ease regional tensions but also exert a major impact on the global oil market, maritime trade, and diplomatic relations.