Pakistani source confirms that the US and Iran are closing in on a one-page memo to end the war

Forex Factory 2026-05-06
The US and Iran are reportedly closing in on a one-page memorandum to end the war, with Iran potentially agreeing to a moratorium on nuclear enrichment and the US agreeing to lift sanctions and release frozen Iranian funds. While no agreement has been finalized yet, the US is reviewing Iran's responses within the next 48 hours. This memo could involve easing restrictions on transit through the Strait of Hormuz and negotiating a full nuclear deal with Iran.
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Source: Forex Factory (forexfactory.com)
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