Tehran would not cede control of Hormuz under draft US deal: state media

Iran's state media said on Friday that under a draft agreement with the United States, Tehran would not give up control over the strategic Strait of Hormuz.

"Iran makes no commitment in this text to cede the management of the strait or the restoration of conditions that existed prior to the American and Israeli military aggression," according to the official IRNA news agency, which referred to "the broad outlines of the current text" being finalised. 

Reporting by AFP