A draft proposal for a possible agreement with Iran would extend the current ceasefire for 60 days, require the reopening of the Strait of Hormuz and include an Iranian commitment not to develop nuclear weapons, according to two regional officials familiar with the diplomacy.
The reported memorandum is not a final deal. Iran has not agreed to all of the terms, and several of the most consequential details — including how Tehran’s enriched uranium stockpile would be disposed of and how compliance would be guaranteed — remain unsettled.
The draft has drawn attention because it sketches the clearest known outline of a possible off-ramp after a period in which diplomacy and military planning have moved in parallel. President Trump said after speaking with Middle Eastern leaders on Saturday that a peace agreement with Iran had been “largely negotiated,” though final issues were still under discussion.
What the draft includes
Under the terms described by the regional officials, the memorandum would extend the ceasefire for 60 days and call for Iran to immediately reopen the Strait of Hormuz, a critical waterway for global shipping. Iran would also be expected to take steps to return traffic through the strait to pre-war conditions within 30 days.
The draft also includes a broader security pledge: Iran, the United States and their allies would declare an immediate and permanent end to military operations on all fronts, including Lebanon, and commit not to start a war against one another or threaten or use force.
On the nuclear issue, the proposal would have Iran reaffirm that it will never develop nuclear weapons. It would also require Iran to agree that its enriched uranium stockpile be disposed of under a mechanism to be negotiated by both sides. That mechanism has not been determined, according to the officials.
A senior U.S. administration official confirmed several elements of the draft, including Iran’s agreement in principle to reopen the Strait of Hormuz in exchange for lifting a U.S. blockade on Iranian ports and ships, as well as to dispose of its enriched uranium stockpile. The official did not confirm the proposed 60-day ceasefire extension or the declaration ending all military operations on every front, including Lebanon.
The draft links sanctions and frozen Iranian financial assets to Iran’s compliance with the proposed commitments. But the available details do not spell out the timing, scope or conditions of any sanctions relief, nor do they resolve how the uranium stockpile would be removed, disposed of or verified.
The Strait of Hormuz issue could also take longer than the memorandum’s language suggests. Even if Iran stopped military threats in the strait, clearing any mines and restoring commercial confidence could take additional time, according to the reporting.
Iranian Foreign Ministry spokesman Esmaeil Baqaei said Monday that talks with the United States would continue, while acknowledging that “some issues” had not been finalized. He said the current discussions are focused on ending the war and that detailed nuclear talks would follow during a 60-day period if the sides finalize a memorandum of understanding.
Trump, in a Monday post on Truth Social, portrayed the talks as advancing but warned against a partial compromise. “It will only be a Great Deal for all or, no Deal at all,” he wrote, adding that failure would mean a return to the battlefield.
The negotiations come after U.S. officials prepared Friday for a fresh round of military strikes, according to sources with direct knowledge of the planning. Those strikes did not take place over the weekend as diplomatic efforts continued.
For now, the proposal appears to be a framework rather than a settlement. The next test is whether Iran accepts the core terms — and whether the two sides can turn broad commitments on shipping, sanctions, ceasefire lines and uranium disposal into enforceable language.
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