US-Iran Draft Framework Leaked: Strait of Hormuz to Reopen within a Month, US Oil Falls Over 5%

According to the "Tasnim" news agency, which is affiliated with Iran's judiciary, a "preliminary informal document" concerning the framework of a memorandum of understanding between Iran and the United States was disclosed, covering issues such as the Strait of Hormuz, regional military deployment, and future agreement arrangements.

According to the document, the United States committed to lifting the "maritime blockade" against Iran and withdrawing some military forces deployed in the areas surrounding Iran. In exchange, Iran will gradually restore the commercial passage of vessels through the Strait of Hormuz to pre-escalation levels within a month, excluding military vessels.

The management of vessel passage and the arrangement of shipping routes will be coordinated jointly by Iran and Oman. The document indicates that if the U.S. and Iran can reach a final agreement within 60 days, the relevant content may be confirmed in the form of a binding United Nations Security Council resolution. The report states that the Iranian side emphasizes that no practical actions will be taken until "verifiable" verification is completed.

WTI and Brent crude oil prices drop; WTI falls over 5%, trading at $91.4 per barrel; Brent drops by about 4%, trading at $92.6 per barrel. Spot gold jumps by $30, trading at $4,457 per ounce. The US Dollar Index DXY breaks below 99, falling 0.15% during the day; the New Zealand Dollar to US Dollar breaches 0.59, up 1.09% intraday.