US-Iran draft memorandum outlines 30-day negotiating period, Bitcoin surges to three-month highs
The US and Iran are negotiating a draft memorandum that could lead to a ceasefire and discussions on sanctions relief and nuclear oversight. Bitcoin's price surged to $82K, reflecting market optimism regarding the potential easing of geopolitical tensions. The agreement includes provisions for restoring traffic through the Strait of Hormuz, a crucial oil shipping route.
- ▪The draft memorandum outlines a 30-to-60-day ceasefire and negotiations over sanctions and nuclear oversight.
- ▪Iran has committed to restoring traffic through the Strait of Hormuz within 30 days of signing the agreement.
- ▪The US would lift its naval blockade on Iranian ports as part of the deal.
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US-Iran draft memorandum outlines 30-day negotiating period, Bitcoin surges to three-month highs A one-page, 14-point framework between Washington and Tehran could reshape oil routes, sanctions policy, and crypto market sentiment in one stroke. Share Add us on Google by Editorial Team May. 28, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The US and Iran have been hammering out a draft memorandum of understanding that would…
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