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
U.S. Hopeful of Deal to End War as Iran Keeps World on Edge
An Iranian police officer stands guard on an armored vehicle during a state-run religious rally in downtown Tehran, Iran, on April 29, 2026. —Morteza Nikoubazl—NurPhoto/Getty ImagesAmerican officials have reportedly suggested that the U.S. is the closest it has been to reaching a deal with Iran to end the war, even as Iranian officials have publicly offered a more pessimistic view.Iran is expected to respond within the next 48 hours to a possibl…
US and Iran closing in on deal to end war, officials say
DUBAI — The United States believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations, US news outlet Axios reported citing two American officials and two other sources briefed on the issue. The US expects Iranian responses on several key points in the US peace proposal in the next 48 hours. Nothing has been agreed yet, but the sources …
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
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.
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
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