US-Iran framework agreement proposes immediate opening of Strait of Hormuz; US to unfreeze $6 billion to $9 billion in Iranian assets

BlockBeats news, November 10 - According to Al Arabiya TV citing Arab sources, under the framework of the US-Iran agreement currently under discussion, the Strait of Hormuz will open immediately upon the agreement's conclusion, and the related maritime blockade will also be lifted. As part of the agreement, the United States is expected to unfreeze $6 billion to $9 billion in Iranian assets.

The proposal put forward by Qatar and Pakistan has reactivated substantive negotiations between the United States and Iran. The two sides are expected to reach a preliminary agreement on Iran's uranium enrichment issue. Sources said Washington allows Iran to conduct uranium enrichment domestically at a concentration of 3.67%, and Tehran has agreed; meanwhile, the United States demands a reduction in the enrichment level of Iran's existing 60% highly enriched uranium, and the two sides are considering assistance from a third country to handle Iran's highly enriched uranium issue. In addition, the two sides are arranging discussions on the return of International Atomic Energy Agency inspectors to Iran, but the specific scope of their mission has not yet been clarified.