The Guardian and Al-Monitor report that a draft agreement has been circulated proposing a 60-day nuclear negotiation period, release of up to $12 billion in frozen Iranian assets, and restoration of commercial shipping through the Strait of Hormuz within 30 days. The reports also describe recent U.S. and Iranian military actions near the Strait of Hormuz and in Kuwait, alongside Pakistan's foreign minister planning meetings in Washington. Final approval by President Trump remains pending according to Al-Monitor.