Here's what the draft memo for a proposed deal with Iran includes

TL;DR

A draft agreement with Iran proposes a 60-day ceasefire extension.
The deal includes a commitment to ending all military operations on every front, including Lebanon.
Iran would reaffirm its commitment not to develop nuclear weapons and to dispose of its enriched uranium stockpile.
Iran and the U.S. have reportedly agreed in principle to reopening the Strait of Hormuz in exchange for lifting U.S. blockades on Iranian ports and ships.
The mechanism for disposing of Iran's enriched uranium stockpile still needs to be settled by both sides.
Iran would immediately reopen the Strait of Hormuz and ensure traffic returns to pre-war conditions within 30 days.
Issues regarding Iran's frozen financial assets and sanctions would be addressed based on Iran's compliance.
President Trump indicated a peace deal was largely negotiated but final details are still being discussed.

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