U.S., Iran Said to Be Closing In on One-Page Memo to End War

The United States and Iran are nearing a one-page memorandum of understanding to end the war, delegating complex issues to subsequent negotiations. Iran is reviewing the American proposal, and a 30-day period for detailed negotiations will follow if an agreement is reached. President Trump indicated potential war termination and Strait of Hormuz opening, but expressed uncertainty about Iran's acceptance.