Strait of Hormuz Will Never Return to Pre-War Normal; Iran Reveals Key Terms

Washington must lift oil sanctions and unfreeze billions in Iranian assets as Tehran says the Strait of Hormuz will never look the same again after any new agreement takes shape.

Iran Says Hormuz Will Not Return to Pre-War Conditions

Iran has disclosed fresh details about a preliminary understanding being discussed with the United States. Iranian news agency Tasnim stated plainly the Strait of Hormuz will not revert to its pre-conflict status, even if a formal deal gets signed.

“Information about the details of the preliminary possible agreement suggests that if the memorandum of understanding becomes an agreement, the situation in the Strait of Hormuz will not return to its pre-war state,” the agency stated.

Also Read | US-Iran Ceasefire Deal Could End Conflict Across All War Fronts Including Lebanon

What the Preliminary Deal Reportedly Requires From Washington

According to the same report, Washington is expected under the initial understanding to lift sanctions on Iranian oil during the negotiation period. The United States must also unfreeze a portion of Iran’s assets. The New York Times had earlier reported the figure sits around $25 billion.

Beyond financial terms, Tasnim added that hostilities between the US and Iran would end across all fronts including in Lebanon, where Israel continues its military campaign.

Also Read | US Set to Lift Blockade on Iranian Ports as Part of New Diplomatic Agreement

A 60-Day Memorandum With an Extension Option on the Table

Axios had earlier reported that Washington and Tehran may soon sign a 60-day memorandum of understanding. The deal includes an option for renewal by mutual agreement and it would maintain the current ceasefire.

During those two months, the Strait of Hormuz would remain fully open free of transit fees and Iran would agree to clear mines along the route. American forces already deployed to the Middle East would stay in the region until a final deal is concluded.

Also Read | US and Iran Set to Sign 60-Day Truce Deal With Big Promises on Both Sides

Port Blockade Lifted, Nuclear Commitments Included

Washington is also expected to lift its blockade on Iranian ports as part of the arrangement. The document reportedly includes a clear commitment from Tehran Iran will not develop nuclear weapons.

Also Read | Iran’s Draft Nuclear Deal with Washington: No Bomb, Ever

US President Donald Trump stated the day before that an agreement with Iran is nearly finalised. “We are still working through the final details and will announce them very soon,” he indicated, signaling that a formal announcement could come within days.