• Permanent ceasefire (all fronts, incl. Lebanon)
• Strait of Hormuz reopens toll-free for commercial shipping (pre-war levels in 30 days)
• US naval blockade lifts
• Iran gets temporary oil export waivers and a path to accessing ~$24B in frozen assets, tied to compliance during the 60-day talks (with some reports suggesting half released upfront).

• 60-day window for final comprehensive deal (nuclear, sanctions, peace).
• Iran: No nuclear weapons; safe Hormuz passage.
• US: Sanctions relief path; supports $300B+ regional reconstruction fund.
• Both: Respect sovereignty, no interference.