U.S.-Iran framework deal includes $300bn fund and plan to reopen Strait of Hormuz
The United States and Iran have agreed on a framework deal that would end their war, reopen the Strait of Hormuz and create a $300 billion private investment fund, according to a source with direct knowledge of the talks. The arrangement is being prepared for signing on Friday, and officials on both sides said on Sunday they had reached the outline of an agreement. The deal would also halt the U.S. blockade of Iran, marking a significant shift in a conflict that began after U.S. and Israeli forces attacked Iran on 28 February.The proposed fund is described as a private... [Continue Reading]
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