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Framework Pact Reached to Re-Open Hormuz and Remove Iran’s Enriched Uranium

On 23–24 May 2026 Washington, Tehran and mediator Pakistan settled on a 14-point draft that both governments say is “largely negotiated,” giving leaders 48 hours to approve a deal that trades full reopening of the Strait of Hormuz for Iran surrendering its >400 kg stockpile of near-weapons-grade uranium.

US & Iran Poised to Sign 60-Day Strait of Hormuz Ceasefire MoU

On 24 May 2026 U.S. and Iranian negotiators finalized a draft 60-day memorandum that swaps Iran’s immediate mine-clearing and toll-free reopening of the Strait of Hormuz for U.S. suspension of its port blockade and targeted oil-export sanctions waivers, with an announcement expected within days.

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