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Proposed memorandum includes ending war and lifting US sanctions on Iranian oil

Middle East News

24-05-2026 | 03:04

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Proposed memorandum includes ending war and lifting US sanctions on Iranian oil

Iran’s semi-official Tasnim news agency reported on Sunday that a proposed memorandum of understanding between Iran and the United States includes ending the war on all fronts, with Washington lifting sanctions on Iranian oil during negotiations.

The agency added that Iran has not yet accepted any measures related to its nuclear program, saying the potential agreement allocates a 30-day period for measures concerning the Strait of Hormuz and a 60-day period for nuclear talks.

Reuters

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