HORMUZ THAW: Draft U.S.-Iran Pact Signals Sanctions Relief, Shipping Safeguards
Dubai-The United States and Iran have drafted an agreement that would include the gradual lifting of U.S. sanctions on Tehran in exchange for Iranian compliance with the deal, while also committing both sides to safeguard freedom of navigation through the Strait of Hormuz and other key regional waterways, according to a document obtained by Al Arabiya and reported on Friday.
The proposed accord, details of which were reported by the Saudi-owned broadcaster Al Arabiya, outlines a series of measures aimed at reducing tensions between Washington and Tehran and reinforcing regional stability following months of heightened confrontation.
According to the reported draft, both countries would pledge to abide by international law and the United Nations Charter, underscoring a renewed focus on diplomatic engagement and adherence to established international norms.
A central element of the agreement is the phased easing of U.S. sanctions on Iran. In return, Tehran would be required to fully implement the commitments contained in the accord, Al Arabiya reported.
The draft also includes guarantees for freedom of navigation in the Arabian Gulf, the Strait of Hormuz and the Sea of Oman, waterways that are critical to global energy shipments and international trade.
Both sides would further commit to respecting each other’s sovereignty and territorial integrity and refrain from interference in domestic affairs, according to the reported text.
The agreement contains provisions barring attacks on military, civilian and economic infrastructure, a clause that could help reduce the risk of direct confrontation and disruptions to regional energy markets.
Details regarding Iran’s nuclear programme, a longstanding source of dispute between Tehran and Washington, were not included in the reported draft and remain unclear.
Al Arabiya did not disclose how it obtained the document. Neither U.S. nor Iranian authorities had publicly commented on the reported draft at the time of publication.
The agreement would take effect immediately upon formal announcement by both governments, according to the reported text.
