Details regarding the content of the upcoming agreement between the U.S. and Iran.

The U.S.-Iran memorandum of understanding – Iran, which is expected to be signed in person on Friday, provides for a complete cessation of hostilities by Iran, the U.S., and their allies, including Lebanon, according to Channel 12, which cites a senior U.S. official.

According to the same sources, the framework stipulates that Iran reaffirms its commitment not to develop or acquire nuclear weapons, while Washington and Tehran work to resolve the issue of Iran’s existing stockpile of enriched uranium, as well as to hold talks regarding future enrichment and the Islamic Republic’s civilian nuclear needs.

Under the terms outlined, the U.S. will lift the naval blockade, refrain from imposing new sanctions or increasing its military presence in the region during the negotiations, and will provide Iran with sanctions relief for oil sales. Iran, for its part, will maintain the status quo of its nuclear program and ensure free commercial shipping through the Strait of Hormuz for 60 days of nuclear talks.

The report also states that the memorandum will make the frozen Iranian assets available upon its implementation and, provided a final and lasting agreement is reached, it will lead to the withdrawal of U.S. forces from the region and the lifting of all sanctions against Iran. The final agreement is also reported to include a $300 billion fund for investment and reconstruction in Iran.

The terms in detail are:

  • Iran, the U.S., and their allies will end hostilities, including those in Lebanon.
  • Iran reaffirms its commitment not to develop or acquire a nuclear weapon. The U.S. and Iran commit to resolving the issue of the disposal of Iran’s stockpile of enriched uranium.
  • The two sides will discuss the issue of uranium enrichment and Iran’s nuclear needs.
  • Iran will maintain the status quo of its nuclear program for the duration of the negotiations.
  • The U.S. will lift the naval blockade, will not impose new sanctions, and will not reinforce its military forces in the region during the talks.
  • Iran will take the necessary measures to ensure the safe and unimpeded passage of commercial vessels through the Strait of Hormuz, without tolls or other charges, for a period of 60 days.
  • The U.S. commits to making the frozen Iranian assets available for use through the implementation of the memorandum of understanding.
  • If a final agreement is reached, the U.S. will withdraw its forces within 30 days and lift all sanctions against Iran.
  • Any final agreement will include a plan to establish a $300 billion fund for the reconstruction of Iran.
  • The U.S. will grant Iran temporary exemptions from sanctions so it can sell oil during the negotiations.
  • Negotiations will take place between Iran and Oman, with the participation of Gulf politicians, to establish “arrangements regarding shipping and maritime services.”

Channel 12 further reports that senior U.S. officials appear divided on the proposal, with Vice President Jay D. Vance and envoys Jared Kushner and Steve Whitecoff supporting it, while Secretary of State Marco Rubio, Defense Secretary Pete Hegese, and CIA Director John Ratcliffe expressing doubts about whether Iran will honor its commitments.

Meanwhile, Israel has not yet been officially informed of the terms of the agreement. According to Channel 12, Jerusalem requested a review of the memorandum, a request that Washington rejected, citing concerns that the details could be leaked.

Meanwhile, The Times of Israel reports that Israel and Lebanon are nearing an agreement on a permanent ceasefire brokered by the U.S. , after significant progress has been made in recent talks in Washington.

According to the report, the details of the agreement are being finalized, while the Lebanese Armed Forces have begun to deploy on the ground as part of the agreement being finalized.