Iranian report outlines draft deal terms with the U.S., as Trump warns Israel and Tehran

Hours after President Donald Trump announced a breakthrough with Iran, the Iranian news agency Mehr published 14 reported clauses from the draft agreement expected to be signed Friday in Switzerland. According to the report, the deal would freeze sanctions, release billions of dollars in blocked Iranian funds, and create a path to further talks, while leaving Iran’s ballistic missile program and support for terror groups outside the agreement.

The reported draft calls for an immediate and permanent end to fighting on all fronts, including Lebanon; a U.S. pledge not to interfere in Iran’s internal affairs; lifting the naval blockade within 30 days; reopening the Strait of Hormuz within 30 days under arrangements set by Iran; and suspending sanctions on oil and petrochemical sales, with Iran getting full access to the revenue. It also says the U.S. and its allies would be required to present reconstruction plans for Iran worth at least $300 billion, while a 60-day negotiating period would seek a final deal covering only the nuclear issue and the complete removal of U.S., U.N. and IAEA-related sanctions. During those talks, the U.S. would not add forces to the region or impose new sanctions, and Iran would again commit under the Non-Proliferation Treaty not to produce nuclear weapons.

The draft reportedly includes the release of $24 billion in frozen Iranian money during the 60-day talks, with half available before negotiations begin, plus a monitoring mechanism and U.N. Security Council approval for the final deal. Tehran’s priorities, according to the report, are the enriched material, uranium enrichment, sanctions relief and an economic reconstruction plan, while the missile program and support for proxy forces are removed from the agenda.

A separate Fars report said Iran had initially canceled talks after a strike in the Dahieh district and prepared to attack Israel, but reversed course after last-minute U.S. concessions, including preserving Lebanon’s territorial integrity, an Israeli pullback from the Lebanese border and an immediate lifting of the blockade. Iranian officials told The New York Times that Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi are expected in Switzerland for the signing, likely the first formal meeting between Iranian and American senior officials in 47 years.

Trump told the newspaper that if a final nuclear deal fails, he would renew military attacks on Tehran or turn the U.S. into a “watchman of the Middle East” in exchange for 20% of the region’s revenues. He said his decision to strike Iran in late February and the blockade imposed after Tehran closed the Strait of Hormuz shifted the balance of power toward Washington, praised Chinese President Xi Jinping and Russian President Vladimir Putin, and sharply criticized Benjamin Netanyahu, saying Israeli strikes nearly collapsed the agreement. “He is a very difficult man,” Trump said of Netanyahu, adding that Israel should be deeply grateful because, in his view, without a nuclear Iran, Israel would not survive even two hours.