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Iran’s state media said on Friday (June 12, 2026) that under a draft agreement with the United States, Tehran would not give up control over the strategic Strait of Hormuz.
“Iran makes no commitment in this text to cede the management of the strait or the restoration of conditions that existed prior to the American and Israeli military aggression,” according to the official IRNA news agency, which referred to “the broad outlines of the current text” being finalised.
Iran’s Mehr news agency said that a draft accord with the United States had set 60-day negotiation period to reach a deal over Tehran’s nuclear programme.
The agency, citing a source close to Iran’s negotiating team, said it stipulates “60 days of negotiations to reach an agreement on nuclear issues and the complete lifting of US primary and secondary sanctions.”
The news agency further reiterated that Tehran would not cede control of Strait of Hormuz under draft U.S. deal.
U.S. deal sees release of $24 bn frozen assets
The Mehr news agency published a draft deal with the United States which would, if adopted, secure the release of $24 billion in frozen assets within a 60-day period.
The agency, citing a source close to Iran’s negotiating team, said an accord would allow for the “release of $24 billion of Iran’s blocked funds during the 60-day final negotiation period.”
It added that half of that sum would be “made available to Iran before the start of negotiations.”
Deal with U.S. would end war including in Lebanon
Iran’s Mehr news agency published what it said was a draft deal with the United States to provide a framework for an end to the war on all fronts, including in Lebanon.
The agency said the memorandum of understanding would include a “permanent and immediate cessation of hostilities on all fronts, including in Lebanon”.
Published – June 12, 2026 03:14 pm IST
