White House Near Iran Nuclear Agreement

The White House is reportedly close to a one-page memorandum with Iran to end the war and begin detailed nuclear negotiations. The proposed agreement involves a moratorium on Iran's nuclear enrichment, lifting U.S. sanctions, and releasing Iranian funds. The U.S. awaits Iran's responses within 48 hours.

The White House is reportedly nearing an agreement with Iran on a one-page memorandum to terminate the ongoing war and establish a framework for nuclear negotiations, according to Axios on Wednesday. This development cites insights from two U.S. officials and two other knowledgeable sources.

The memorandum, still subject to final details, would include Iran halting its nuclear enrichment, while the U.S. would lift sanctions and release billions in frozen Iranian assets. Additionally, it proposes easing transit restrictions through the Strait of Hormuz, indicated Axios.

No official confirmation from the U.S. State Department or the White House has been obtained at this point. Reuters noted that verification of the report is pending.