US and Iran closing in on a MOU aimed at ending the conflict, CNN reports. US had received positive feedback from Pakistan on Tuesday that Iran was progressing toward a compromise, there was some scepticism, before a renewed diplomatic push occurred.
The potential Memorandum of Understanding (MOU) between the US and Iran reflects a notable shift in diplomatic efforts, suggesting a move towards de-escalation of tensions.
Israel was reportedly unaware that the US was nearing a deal with Iran, according to sources; had been preparing for an escalation.
In recent hours, Israeli PM has been holding consultations following the developments in Iranian arena, and is in contact with senior government officials, and Israel claims they were not surprised by the recent developments, Amichai Stein reports
US and Iran closing in on a MOU aimed at ending the conflict, CNN reports. US had received positive feedback from Pakistan on Tuesday that Iran was progressing toward a compromise, there was some scepticism, before a renewed diplomatic push occurred.
French official says President Macron has spoken to US President Trump and Iran President Pezeshkian
[PREVIEW] Norges Bank Policy Decision on Thursday, 7th May
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- US President Trump appeared to be simplifying issues, to enable the moderates within Iran to return to talks, and to then deal with the more complicated points later.
If successful, this could positively impact market sentiment across risk assets and commodities, especially oil and gold, by easing geopolitical fears. However, skepticism about the negotiations persists, indicating that while progress is possible, the outcome remains uncertain.
Related headlines
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election3 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer3 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim2 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL3 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business6 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT5 hours ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday6 hours ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT1 hour ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash1 hour ago
- Salesforce (CRM) reportedly held talks to buy Listen Labs, an AI customer research platform, for USD 2bln, according to Business Insider2 hours ago
- Swiss Government has banned the purchase and import of gold originating in Sudan6 hours ago
- Enbridge (ENB) reportedly to be near purchases of Pony Express from Tallgrass and to pay about USD 2bln2 hours ago
- Updated Treasury Buyback Schedule: Maintains guidance from announcement that long dated buyback operations will be at least USD 4bln6 hours ago
- US Quarterly Services Survey (Q2 2026): +3% to USD 6,418.7bln7 hours ago
- Several explosiosn were heard in Iran's Qeshm and Sirik, according to Fars26 min ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA2 hours ago
The whole workspace, free to try.
Try it free