Iran and the US are working with mediators to hammer out a one-page, 14-point memorandum of understanding that would lay out a framework for a monthlong period of talks to end the war, via WSJ citing sources
The ongoing negotiations between Iran and the US, facilitated by mediators, signal a potential thaw in relations that could lead to a temporary cessation of hostilities.
Iran mission to UN says only viable solution in the Strait of Hormuz is clear: a permanent end to the war, the lifting of the maritime blockade, and the restoration of normal passage.
Google (GOOGL) makes EU offer to avoid fine in 'News Search' case
Iran and the US are working with mediators to hammer out a one-page, 14-point memorandum of understanding that would lay out a framework for a monthlong period of talks to end the war, via WSJ citing sources
Newsquawk Daily Economic Releases - 7th May 2026
"The White House received positive feedback from Pakistani mediators on Tuesday that the Iranians were progressing toward a compromise" CNN's Treene reports citing officials
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- The discussion points would be the focus of talks that could resume as early as next week in Islamabad, the sources said
- US officials said there were multiple documents with possible deals sent back and forth between Washington, Tehran and facilitator capitals.
- The goal is to collate all the agreed-upon ideas into one single-page framework.
Details
- Iran has expressed openness to discussing its nuclear program, easing its earlier resistance, the sources added
- Sources added how details around the length of any suspension of Iran's uranium enrichment or the possible removal of enriched uranium from the country, along with Iran's assertion of a permanent role in overseeing the Strait of Hormuz, remain unresolved and are expected to complicate any eventual talks.
- Other issues that could snarl talks include the timing and extent of any sanctions relief.
- The working document calls for Iran to ease its chokehold on the Strait of Hormuz and for the US to wind back its blockade of Iranian ports during the 30 days of talks.
- Two sides are working on details of a halt to the enrichment of uranium and other aspects of Iran's nuclear programme.
- US wants clauses that would prolong a moratorium on iranian uranium enrichment if Iran was to violate the deal, and a ban on underground nuclear facilities and snap inspections.
- "One idea is a halt to enrichment for 12 to 15 years before allowing Iran to enrich uranium to 3.67% purity, compared with its current stockpiles of material enriched up to 60% , which puts it within reach of the 90% enrichment needed to fuel a nuclear weapon, an Iranian official said."
- "Both sides are also discussing the possible removal of some of the high-enriched stockpiles abroad, though Iran remains opposed to any such transfer to the US, the Iranian official said."
Success in these talks may impact oil prices and broader market sentiment, especially given the strategic significance of the Strait of Hormuz and the implications for global energy supplies.
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