One-page US–Iran MoU to end war: report

The US and Iran are nearing a one-page memorandum of understanding (MoU) to end the ongoing conflict and set a framework for detailed nuclear talks, with Washington awaiting Tehran’s response on key points within the next 48 hours, according to a report.

Axios, citing White House sources today, May 6, said the draft, negotiated by envoys Steve Witkoff and Jared Kushner, includes Iran’s commitment to a temporary halt uranium enrichment. In return, the US would gradually lift sanctions and release billions of dollars in frozen Iranian assets.

The 14-point memorandum provides for declaring the end of the war and launching a 30-day negotiation period in Islamabad or Geneva to draft a final agreement limiting Iran’s nuclear program.

During this period, navigation restrictions in the Strait of Hormuz would be lifted, and the US naval blockade would gradually ease, while Washington would retain the option to resume military action or reinstate the blockade if negotiations collapse or Iran breaches its initial commitments.

The main sticking point is the duration of the enrichment halt, with Washington seeking 20 years and Tehran proposing five, while a compromise of around 15 years is seen as likely.

The talks also include the transfer of highly enriched uranium outside Iran, with the possibility of sending it to the US. Iran would also commit to a strict inspection regime involving surprise inspections by UN nuclear inspectors.