Washington has reportedly presented a one-page memorandum of understanding that would gradually reopen the Strait of Hormuz and lift the American blockade on Iranian ports.

According to the news outlet, the US leadership’s decision to suspend Operation Project Freedom in the Strait of Hormuz is linked to progress in the negotiations

Washington has reportedly presented a one-page memorandum of understanding that would gradually reopen the Strait of Hormuz and lift the American blockade on Iranian ports.