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A senior administration official said the agreement reopens the Strait of Hormuz, provides the U.S. with enriched material, and includes an inspection regime. The deal is expected to be signed within days.
theiranproject.comA senior administration official said the United States and Iran have reached an agreement that reopens the Strait of Hormuz and meets core U.S. objectives. The same official stated the draft includes an inspection regime and provides for the U.S. to receive enriched material under the terms of the deal.
The official added that the draft also lifts the U.S. blockade and leads to dismantlement of Iran's nuclear program. If Iran complies, the official said, it will be rewarded economically, with benefits accruing only if Iran actually delivers.
The senior administration official told reporters the U.S. expects to sign the agreement over the next few days. The official described the deal as one that guarantees long-term peace in the region.
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The head of Iran's National Oil Company said more than 25 million barrels have moved past the blockade line in the past week.