BlockBeats News, June 12th, according to Iran's Mehr News Agency, the understanding memorandum between Iran and the United States includes U.S. commitments to lift sanctions, withdraw troops from around Iran, and end the naval blockade. It also involves reopening the Strait of Hormuz, lifting the oil sanctions, and releasing Iran's frozen funds.

The final U.S.-Iran negotiations will focus on the nuclear issue and economic issues, without discussing Iran's missile program. The draft will need final confirmation from relevant departments.