U.S. and Iran Reach Tentative Deal on Strait of Hormuz Shipping
U.S. officials said a 60-day memorandum of understanding has been reached with Iran but still requires final approval. The agreement would keep shipping through the Strait of Hormuz unrestricted and require Iran to clear mines within 30 days.
france24.comU.S. officials said a tentative agreement has been reached with Iran that would keep shipping through the Strait of Hormuz unrestricted for 60 days. The memorandum of understanding still requires final approval before it can take effect.
Under the deal, shipping through the strait would face no tolls and no harassment. Iran would also be required to remove all mines from the strait within 30 days. Officials described the 60-day period as a limited window to test compliance with the new terms.
The memorandum now moves to the final approval stage.
No timeline was given for when a decision on approval is expected. U.S. officials said the agreement focuses solely on maritime access and mine clearance.
Key Facts
Potential Impact
- 01
Iran would need to complete mine removal within 30 days of implementation.
- 02
Shipping companies could face lower costs if the deal is approved.
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