Expected Iran-US Deal Would Secure Navigation and Ease Sanctions

The expected agreement between Iran and the United States is set to guarantee freedom of navigation in the Persian Gulf, the Strait of Hormuz and the Gulf of Oman, while also providing for the gradual lifting of US sanctions. The draft positions the deal as a framework for maritime security and a broader diplomatic reset if the two sides formally announce it. The text also calls for compliance with international law and the United Nations Charter. It says the agreement would enter into force immediately after the parties make their formal announcement. A joint monitoring and dispute-resolution mechanism is also planned under the draft. In addition, talks on unresolved issues are scheduled to begin within 7 days.