Draft Memo Maps Quick Path to End US-Iran War and Sanctions Relief
Bloomberg publishes a 14-point draft memorandum proposing an immediate end to the US-Iran war, with the US lifting naval blockades and sanctions, Iran restoring Gulf traffic, and a 60-day window to negotiate a final agreement, including a plan for at least $300 billion in development financing and UN Security Council backing for the final deal; Iran pledges not to pursue nuclear weapons and both sides set up an implementation mechanism to oversee the agreement.