Reports indicate that a ceasefire understanding agreement between Iran and the United States could soon be signed as diplomatic efforts intensify to formally end the ongoing conflict between the two nations.
The war between Iran and the United States has now crossed two months, while a temporary ceasefire has reportedly remained in effect for nearly one month since April 8.
Despite the ceasefire, tensions have continued over Iran’s restrictions in the Strait of Hormuz and the naval blockade imposed by the United States against Iran.
According to reports published by Axios on Wednesday, the White House has finalized a unilateral memorandum of understanding aimed at ending the conflict and initiating broader negotiations related to Iran’s nuclear activities.
The report states that the United States is expecting an official response from Iran within the next 48 hours. Sources claim that the agreement process has reached its final stage, making it the closest both sides have come to a formal deal since the conflict began.
The proposed memorandum reportedly contains 14 major provisions, including:
- A temporary suspension of Iran’s nuclear enrichment activities
- The release of billions of dollars in Iranian funds frozen by the United States
- The gradual easing of restrictions in the Strait of Hormuz
- Measures aimed at reducing military tensions in the region
Reports also suggest that negotiations regarding the agreement are being conducted both directly and through mediators between American diplomats Steve Witkoff and Jared Kushner and senior Iranian officials.
In addition, the agreement is expected to include a phased removal of transportation restrictions in the Strait of Hormuz and the gradual withdrawal of the US naval blockade within 30 days.
If finalized, the agreement could mark a major diplomatic breakthrough in the Middle East and significantly reduce geopolitical tensions affecting global trade and energy markets.
Dhiyanesh
