The US-Iran memorandum of understanding expected to be signed in person on Friday includes a full cessation of hostilities by Iran, the United States and their allies — including in Lebanon where Israel has been battling Tehran’s proxy Hezbollah, several outlets reported Tuesday, among them Channel 12 news, which cited a senior US official, and Al Arabiya, which published what it said was a copy of the 14-point agreement’s full text.

The framework reportedly sees Iran reaffirm its commitment not to develop or acquire nuclear weapons, while Washington and Tehran work to resolve the issue of Iran’s existing stockpile of enriched uranium and to hold talks on future enrichment and the Islamic Republic’s civilian nuclear needs.

Under the reported terms, the US will lift its naval blockade, refrain from imposing new sanctions or reinforcing military forces in the region during the negotiations, and grant Iran sanctions relief for oil sales. Iran, meanwhile, will maintain the status quo regarding its nuclear program and take steps to ensure commercial navigation at pre-war volumes through the Strait of Hormuz for 60 days of nuclear talks.

The reports said the memorandum will also make Iran’s frozen assets available upon implementation and, if a final lasting agreement is reached, will lead to a US withdrawal of forces deployed to the region and the lifting of all sanctions on Iran. A final deal would also reportedly include a $300 billion fund for investment and reconstruction in Iran.

According to Channel 12, senior US officials were divided over the proposal, with Vice President JD Vance and envoys Jared Kushner and Steve Witkoff supporting it, while Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and CIA Director John Ratcliffe expressed doubts that Iran would uphold its commitments.

Meanwhile, Israel has yet to be briefed on the agreement’s official terms, the network said, adding that Jerusalem requested to review the memorandum, but Washington declined, reportedly out of concern that the details would be leaked.

Channel 12 further reported, citing senior Israeli officials, that Israel fears Iran will use the 60-day nuclear negotiation period to advance its nuclear program and make progress towards developing a nuclear weapon.

The network said Israel assesses that Iran’s Supreme Leader........

© The Times of Israel