Iran Confirms It Is Reviewing New US Proposal as Sources Say Sides Closing In on Deal

Iran is reviewing a new U.S. proposal, and Washington and Tehran are nearing a one-page agreement to end the war in the Gulf. The agreement would include the reopening of the Strait of Hormuz, lifting U.S. sanctions on Iran, and limitations on Iran’s nuclear program. Israel expressed concerns about the potential agreement and prepared for a possible escalation in fighting.