NEW: The reported 14-point draft Iran–US memorandum proposes: Immediate and permanent ceasefire across all fronts, including Lebanon. US commitment not to interfere in Iran’s internal affairs. End of the naval blockade and reopening of the Strait of Hormuz within 30 days. US military withdrawal from areas surrounding Iran. Suspension of oil-related sanctions and restoration of Iran’s access to its revenues. $300 billion in reconstruction plans/funding from the US and allies. 60 days of negotiations toward a final agreement focused on Iran’s nuclear program and broad sanctions relief. Iran reaffirms it will not develop nuclear weapons under the NPT. No new US troops or sanctions during negotiations. Release of $24 billion in frozen Iranian assets during the negotiation period. Creation of a monitoring mechanism and UN Security Council endorsement of the final deal. Missile programs and Iran’s support for regional allied groups would be excluded from the talks. Source: Mehr

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