US media: The US and Iran are close to reaching a memorandum agreement to end the war

According to a report by Axios, two U.S. officials and informed sources revealed that the White House believes it is close to reaching an agreement with Iran on a one-page memorandum of understanding to end the war and establish a framework for subsequent, more detailed nuclear negotiations. The U.S. expects to receive Iran's response on several key issues within the next 48 hours.

Sources say this is the closest the two sides have come to an agreement since the outbreak of the war. According to part of the agreement, Iran will commit to suspending uranium enrichment activities, while the U.S. agrees to lift sanctions against Iran and release billions of dollars of frozen Iranian funds. Both sides will also lift restrictions on passage through the Strait of Hormuz.

This one-page memorandum, consisting of 14 clauses, is being jointly negotiated by Trump envoy Wittekov and Kushner with several Iranian officials through both direct contact and mediation. According to the current version, the memorandum will declare the end of regional warfare and initiate a 30-day negotiation period to reach a detailed agreement, which includes opening the strait, limiting Iran's nuclear program, and lifting U.S. sanctions. These negotiations may take place in Islamabad or Geneva. A U.S. official stated that during this 30-day period, Iran's restrictions on strait shipping and the U.S. Navy's blockade will be gradually lifted. If negotiations break down, U.S. forces will be able to restore the blockade or take military action again.