A draft agreement between Iran and the United States has reportedly been finalized, with Iran committing to refrain from developing nuclear weapons. According to a high-ranking Iranian official, the memorandum of understanding addresses multiple key issues beyond Iran’s nuclear program. These include the strategically vital Strait of Hormuz and potential US sanctions waivers on Iranian oil exports. The deal signals a potential breakthrough in ongoing negotiations aimed at curbing Iran’s nuclear ambitions and easing regional tensions. Details regarding specific exemptions and implementation timelines remain undisclosed. This agreement could mark a significant shift in US-Iran relations, which have been strained for years. Further announcements and official confirmations from both governments are anticipated.