Trump-Iran deal draft explained: Ceasefire extension, Strait of Hormuz reopening and uranium disposal on table

A proposed draft agreement between the United States and Iran outlines a 60-day extension of the current ceasefire, immediate reopening of the Strait of Hormuz, and restoration of maritime traffic to pre-war conditions within 30 days. The deal also includes Iran’s pledge not to develop nuclear weapons and the disposal of its enriched uranium stockpile through a mutually agreed mechanism, alongside an end to military operations in Lebanon. Regional officials familiar with the negotiations confirmed discussions on these provisions, though not all elements have been publicly verified by U.S. officials. The draft agreement remains under review, with Iran’s Foreign Ministry spokesman Esmaeil Baqaei stating that some issues, including technical details on uranium disposal and compliance verification, have not yet been finalized. Baqaei criticized inconsistent messaging from Washington, while U.S. President Donald Trump claimed the deal was ‘largely negotiated’ after consultations with Middle Eastern leaders. Trump previously stated on Truth Social that negotiations were ‘proceeding nicely,’ though he acknowledged unresolved final details. The Strait of Hormuz’s reopening is a critical component, given its role as a major global oil shipping route. Officials noted that while hostilities could cease immediately, restoring confidence among shipping companies may take longer due to lingering concerns about naval mines and regional security risks. Iran has not formally accepted all conditions, with Baqaei emphasizing that current talks focus on ending the conflict, while nuclear-related discussions could occur later during a proposed 60-day diplomatic window. The draft agreement also includes future talks on sanctions relief and unfreezing Iranian assets tied to compliance.