U.S. and Iran Said to Reach Broad Deal Covering Nuclear, Sanctions and Shipping

Saudi broadcaster Al Arabiya reported details of an emerging agreement between the United States and Iran after months of intense negotiations. According to sources cited by the channel, the deal is meant to reduce military escalation and open a new path for political and economic understandings between the two sides.

Under the reported framework, Washington would halt military actions on all fronts, including the Lebanese front, lift the embargo on Iran, and remove U.S. and UN sanctions through mechanisms tied to implementation of the agreement. The sources said the accord also would remove restrictions on Iranian oil exports, unlock $24 billion in frozen Iranian funds during the talks, and make half of that amount available before the final stage begins. Final negotiations would not start until half the frozen funds are released, oil sanctions are suspended, and the naval blockade is lifted. The deal also reportedly obligates the United States and its allies to submit reconstruction plans for Iran worth at least $300 billion.

In return, Iran would reopen the Strait of Hormuz to shipping within 30 days, ensuring the flow of global trade and energy traffic through the strategic waterway. Tehran also would pledge not to produce, possess or acquire nuclear weapons, which Washington described as the cornerstone of the understanding. The agreement sets 60 days of talks on dismantling Iran’s highly enriched uranium stockpile, alongside another round of technical negotiations on monitoring and the complete removal of sanctions.

Donald Trump said the current deal is an important step toward a broader settlement and insisted Iran’s compliance would be a prerequisite for the next diplomatic stage. He also said the Strait of Hormuz would be permanently “tax exempt,” referring to free navigation and trade. Trump said the comprehensive agreement was “100% complete” and called it a historic breakthrough. In Israel, concern was voiced because the report makes no mention of Iran’s ballistic missiles or support for terrorist groups across the Middle East. Britain, France, Germany and Italy welcomed the announcement as a chance to ease tensions and promote regional stability.