The 14-point deal dictates final negotiations would begin once half of Iran’s frozen funds are released, oil sanctions on Iran suspended, and the naval blockade lifted, Mehr News Agency said. US forces would need to withdraw, and Iran gets at least $300 billion to rebuild, Mehr said, CNBC reported.
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed.