Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Iran-US Draft Deal Splits Over Sanctions And Hormuz
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Iran-US draft deal documents show competing claims over sanctions relief, frozen funds and Strait of Hormuz reopening
PhotoNews Pakistan > World > Iran-US Draft Deal Splits Over Sanctions And Hormuz
World

Iran-US Draft Deal Splits Over Sanctions And Hormuz

Web Desk
By Web Desk Published June 12, 2026 2 Min Read
Share
Several oil tankers sail through blue waters near rocky mountains, while a large Iranian flag waves in the foreground from a tower.
SHARE

Tehran, Iran: A reported Iran-US draft deal faces competing accounts after Iranian media published a 14-point text that differs from Western reports on sanctions, frozen funds, reconstruction and the Strait of Hormuz.

Mehr News cited a source close to Iran’s negotiating team on Friday, June 12, while Foreign Ministry spokesman Esmail Baghaei said the text still needed review by relevant authorities in Tehran.

The Iranian-reported version calls for an immediate and permanent halt to fighting on all fronts, including Lebanon. It seeks the suspension of oil and petrochemical sanctions, full access to related financial resources, and the release of $24 billion in blocked Iranian funds.

The US and Iran moved closer to an interim peace agreement meant to reopen the Strait of Hormuz and help end a war that has damaged the global economy and caused chaos in the Middle East. https://t.co/3fUt5IcYGU

— Bloomberg (@business) June 12, 2026

Axios reported that the draft memorandum would extend the ceasefire for 60 days, reopen the Strait of Hormuz without tolls and restore pre-war shipping volumes within 30 days. Axios also said sanctions relief would come in phases tied to Iranian compliance.

The Mehr version says the Strait of Hormuz would reopen within 30 days under arrangements set by Iran. It also calls for the United States and its allies to present at least $300 billion in reconstruction plans.

The reported texts also differ in nuclear scope. Mehr said final negotiations would cover enriched material, enrichment activity, sanctions relief and reconstruction, while excluding Iran’s missile program and support for regional groups.

Read: Iran Strikes Kuwait Airport Radar, Injures People

Axios said Washington views the memorandum as a de-escalation framework and a path to further nuclear talks, with concrete actions on Iran’s nuclear program deferred to a later agreement.

Al-Monitor reported that the draft circulating in Iranian media would grant Tehran sanctions relief and access to frozen funds while limiting final talks to nuclear issues and excluding missiles and regional allies.

Lebanon remains a disputed point. The US State Department reported a separate Israel-Lebanon ceasefire framework tied to Hezbollah’s withdrawal from the South Litani Sector, while Israel’s position depended on Hezbollah cooperation.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

European heatwave triggered red alerts in France and extreme warnings in Spain, with forecasters expecting temperatures to reach 44°C in parts of the region.

North Atlantic Cold Blob May Worsen Europe Heatwave

Khamenei funeral opens Saturday at Tehran Grand Mosalla with large crowds gathered.

Iran Khamenei Funeral Opens With Mass Tehran Crowds

Tyalor Swift and Blake Lively holding hands

Blake Lively Taylor Swift Friendship Ends After Wedding Snub

Post Archives

More Popular from Photonews

FIFA World Cup graphic with a no-drone sign, a drone, a security guard and a packed stadium in the background.
Sports

World Cup Drone Detections Hit 1,139 at Stadium Sites

2 Min Read
Hugh Jackman as Wolverine wearing a yellow-and-blue suit with metal claws extended.
Entertainment

Hugh Jackman Wolverine Run Could Continue Until 90

2 Min Read
Islamabad Memorandum ended US-Iran hostilities, opened 60-day nuclear talks and drew criticism over sanctions relief.
Top NewsWorld

US Iran Talks Set for Doha, Pakistan Tracks

2 Min Read
Top NewsWorld

US Iran Truce Steadies Before Qatar talks

The US-Iran truce stabilised after days of clashes near the Strait of Hormuz, as Washington said…

June 30, 2026
Sports

LeBron James Destinations Reach 10 After Lakers Exit

LeBron James destinations for next season have reached 10 realistic teams after the 41-year-old told the…

July 4, 2026
Pakistan

Pakistani Shia Delegation Pays Respects Khamenei Farewell

TEHRAN: A Pakistani Shia delegation attended Ayatollah Ali Khamenei’s farewell ceremony at Imam Khomeini Grand Mosalla,…

July 3, 2026
Top NewsWorld

Khamenei Funeral Tehran Preparations Begin at Grand Mosalla

Tehran, Iran: Khamenei funeral preparations began at Tehran’s Grand Mosalla on Tuesday before Saturday’s public ceremony…

July 1, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?