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U.S. and Iran closing in on one-page memo to end war: Axios

The proposed memorandum would start 30 days of talks on Iran’s nuclear program and sanctions relief after oil prices fell on the report.

  • On Wednesday, the White House neared a potential agreement with Iran to end the conflict and establish a framework for nuclear negotiations, Axios reported, citing two U.S. officials and two other sources briefed on the issue.
  • The dollar's decline erases gains since the Middle East war began, as optimism over a potential resolution saps demand for haven assets and weighs on global energy markets.
  • Iran would halt nuclear enrichment under the proposed memorandum in exchange for lifted sanctions and released frozen assets, while easing transit restrictions through the Strait of Hormuz.
  • The Bloomberg Dollar Spot Index fell to its lowest level since Feb. 26, while Brent crude oil futures declined 7% to $102 a barrel, the lowest in almost two weeks.
  • Neither the State Department nor the White House has officially confirmed the report, which anticipates Iranian responses to key points within the next 48 hours.
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241 Articles

Right

The American president says he is confident that Tehran will be forced to agree – Memorandum of Understanding on nuclear weapons, sanctions and the Strait of Hormuz on the table

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Koco News5Koco News5
+21 Reposted by 21 other sources
Center

US and Iran reportedly considering deal to end war

The U.S. and Iran are reportedly considering a deal to end the war, with terms including lifting sanctions and reopening the Strait of Hormuz, as President Trump warns of escalation if Iran rejects the proposal.

·Oklahoma City, United States
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Lean Left

According to anonymous sources of Axios it is a memorandum of understanding that puts an end to the war but postpones the negotiations to the next 30 days

·Italy
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Western Morning News broke the news in Somerset, United Kingdom on Tuesday, May 5, 2026.
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