1 min readNew DelhiUpdated: May 27, 2026 06:13 PM IST
Iran on Wednesday said that it has obtained the initial draft Memorandum of Understanding (MoU) with the United States to end the conflict in West Asia and it reportedly states that the commercial shipping traffic will return to normal if the American forces withdraw from Iranian vicinity.
According to a Reuters report quoting state TV, the commercial shipping is expected to return to pre-war levels in the Strait of Hormuz within a month, while the United States would withdraw military forces from Iran’s vicinity and lift a naval blockade.
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