US and Iran ‘closing in on one-page memo to end war’

US President Donald Trump stated that if Iran honors the agreed-upon terms, the US-Israeli war could end and the Strait of Hormuz could reopen to all. The Iranian Revolutionary Guard Navy announced that it would ensure safe transit through the Strait of Hormuz with the end of US threats and the implementation of new procedures. A Pakistani source confirmed that the Axios report on the proposed memorandum was accurate, with the US expecting Iranian responses within 48 hours.