U.S. and Iran closing in on one-page memo to end war: Axios
The memo would start a 30-day negotiation period and includes a moratorium on uranium enrichment, sanctions relief and gradual reopening of the Strait of Hormuz.
- On Wednesday, the White House neared a potential agreement with Iran to end the conflict and establish a framework for nuclear negotiations, Axios reported, citing two U.S. officials and two other sources briefed on the issue.
- The dollar's decline erases gains since the Middle East war began, as optimism over a potential resolution saps demand for haven assets and weighs on global energy markets.
- Iran would halt nuclear enrichment under the proposed memorandum in exchange for lifted sanctions and released frozen assets, while easing transit restrictions through the Strait of Hormuz.
- The Bloomberg Dollar Spot Index fell to its lowest level since Feb. 26, while Brent crude oil futures declined 7% to $102 a barrel, the lowest in almost two weeks.
- Neither the State Department nor the White House has officially confirmed the report, which anticipates Iranian responses to key points within the next 48 hours.
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91 Articles
REPORT: U.S., Iran Near Tentative Deal to End War, Launch Nuclear Talks and Reopen Hormuz Strait
DRAMATIC REPORT: The U.S. and Iran are closing in on a one-page memorandum to end the war and create a framework for detailed nuclear negotiations, Axios reports, though nothing has been agreed upon yet. • The proposed memo would include Iran committing to a moratorium on nuclear enrichment, while the U.S. would lift sanctions, release […]
The biggest dispute between the US and Iran is over the timeframe for halting the nuclear program. Iran is reportedly offering a five-year moratorium, while the US wants a 20-year moratorium. Efforts are underway to find a middle ground.
Unnamed officials tell Axios that the White House believes it is close to an agreement that could end the war.
US and Iran closing in on memorandum to end war, Pakistani source says
The United States and Iran are closing in on an agreement on a one-page memorandum to end the war in the Gulf, a source from mediator Pakistan familiar with the negotiations said. The Pakistani source said a report earlier by the U.S. media outlet Axios on the proposed memorandum was accurate. The Axios report had cited two U.S. officials and two other sources familiar with the discussions. "We will close this very soon. We are getting close," t…
US, Iran closing in on memorandum to end war: Reports
The U.S. and Iran are nearing an agreement on a one-page memorandum to end the two-month conflict in the Middle East, according to multiple reports. Axios reported on Tuesday that the U.S. was awaiting Tehran’s responses on several key points, and nothing had been agreed to yet. Under the proposed deal, Iran would commit to…
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