After U.S. President Donald Trump spoke by phone with the leaders of Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain, he stated that matters related to the Memorandum of Understanding on peace with Iran were discussed during the talks.
According to Medianews.az, Trump said that the agreement has been mainly settled and the process is being finalized between the U.S., Iran, and other countries: "I also had a very good conversation with Israeli Prime Minister Benjamin Netanyahu. The final aspects and details of the agreement are currently being discussed and will be disclosed soon. The Strait of Hormuz will also be opened."
Shortly after, the draft of the Memorandum of Understanding was revealed in the U.S. media.
The draft envisages extending the ceasefire by 60 days, lifting the blockade of Iranian ports, and easing sanctions against Iran.
According to the draft, during the ceasefire period, the Strait of Hormuz will be open for navigation and Iran will be able to freely conduct oil trade.
The draft also states that Iran will begin clearing the Strait of Hormuz of mines.
According to the draft, the U.S. will maintain its military presence around Iran until a full agreement is reached, and negotiations regarding Iran's nuclear program will continue.