CNN has obtained a copy of the 14-point agreement between the US and Iran.
The memorandum includes reopening the Strait of Hormuz and Iran's pledge never to produce nuclear weapons.
The text has not been officially released and the final text could still shift.
AI-generated summary was reviewed by a CNN editor.
The agreement between Iran and the US lays out the terms of the ceasefire between the bitter rivals, the reopening of the Strait of Hormuz, some financial relief for Iran and a reiteration from Tehran that it will never produce a nuclear weapon, according to a draft copy of the text obtained by CNN.
