The United States and Iran are closing in on a one-page memorandum aimed at ending their ongoing war, with mediation efforts bringing both sides closer to a breakthrough.
A Pakistani source involved in the
talks confirmed that negotiations are in their final stages. “We will close this very soon. We are getting close,” the source said, underscoring growing momentum toward a deal.
Separately, a report by Axios citing US officials said the White House believes an agreement is within reach, describing the proposed memorandum as a framework to end hostilities and pave the way for more detailed nuclear negotiations.
According to the report, Washington is expecting responses from Tehran on key issues within the next 48 hours. While no agreement has been finalised, officials say this is the closest both sides have come to a deal since the conflict began.
The draft understanding is expected to include a temporary moratorium by Iran on nuclear enrichment, while the US would consider lifting sanctions and releasing billions of dollars in frozen Iranian funds. Both sides could also agree to ease restrictions on transit through the Strait of Hormuz, a critical route for global energy supplies.
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The proposed deal would serve as an initial framework, triggering further negotiations on more complex issues such as long-term nuclear limits, verification mechanisms and broader regional security concerns.
However, officials have cautioned that significant details remain unresolved, and no formal agreement has been signed yet.
The development comes amid continued tensions in the Gulf region, including disruptions to shipping routes and a fragile ceasefire between Iran, the US and Israel.
If finalised, the one-page memo would mark the most significant diplomatic breakthrough in the conflict so far, potentially opening the door to a broader and more lasting peace agreement.
