Historic Gulf Peace Deal on the Horizon: US-Iran Memorandum Nears Completion

The United States and Iran are finalizing a one-page memorandum aiming to end the Gulf war, brokered with Pakistan's help. The deal could stop nuclear enrichment, lift sanctions, and reopen the Strait of Hormuz. The U.S. naval mission, Project Freedom, is paused as talks continue.

The United States and Iran are on the brink of a crucial agreement to end the ongoing Gulf conflict. Pakistani sources, familiar with the negotiations, confirmed the progress towards a one-page memorandum, echoing earlier reports from Axios.

The potential accord involves significant concessions from both sides: Iran would halt nuclear enrichment, and the U.S. would lift sanctions and unfreeze Iranian assets. A key element of the agreement is reopening the vital Strait of Hormuz, temporarily blocked during the conflict.

U.S. President Donald Trump temporarily paused the naval mission named Project Freedom as negotiations intensify, underscoring significant diplomatic advancements with Iran. However, uncertainties remain as the memorandum includes a 30-day negotiation period for detailed terms.