Dubai, United Arab Emirates -UNS : Iran is expected to reopen the strategically vital Strait of Hormuz and resume unrestricted oil exports under a tentative agreement with the United States aimed at ending the ongoing conflict, according to leaked documents obtained by international media outlets.
The agreement, which is reportedly scheduled to be formally signed in Switzerland on Friday, outlines a framework for a ceasefire and future negotiations over Iran’s nuclear program. Under the proposed terms, the United States would immediately allow Iranian oil sales without restrictions and support efforts to lift sanctions if a comprehensive nuclear agreement is reached.
The deal also includes plans for Washington to help secure at least $300 billion for Iran’s post-war reconstruction and eventually work toward removing both US and United Nations sanctions on Tehran.
One of the key provisions calls for the reopening of the Strait of Hormuz, a crucial global energy route through which a significant share of the world’s oil and natural gas supplies pass. The waterway’s closure during the conflict disrupted global energy markets, drove up fuel prices, and contributed to higher costs for goods worldwide.
The agreement further seeks an immediate halt to hostilities involving Israel and the Iranian-backed Hezbollah group in Lebanon. However, questions remain over the implementation of security arrangements and the future presence of Israeli forces in contested areas.
Following the signing, both sides are expected to begin a 60-day negotiation process aimed at reaching a permanent accord that would address concerns over Iran’s nuclear activities. The Trump administration maintains that any final deal must ensure Iran is permanently prevented from developing nuclear weapons.
Analysts note that the proposed concessions—including immediate oil waivers, reconstruction assistance, and the prospect of lifting sanctions—represent significant incentives for Tehran and go beyond the terms of the 2015 nuclear agreement abandoned by the United States during President Donald Trump’s first term.
Officials familiar with the negotiations said leaked versions published by regional and international media closely match the final draft, though neither Washington nor Tehran has officially released the full text of the agreement.
If implemented, the deal could ease tensions across the Middle East, stabilize global energy markets, and mark a major diplomatic breakthrough after months of conflict and economic disruption.
