Overview
- President Donald Trump and Pakistan’s prime minister said an electronic signing is expected on Sunday, though Iran’s foreign ministry publicly rejected that specific date and said a deal could still occur in the coming days.
- Draft terms reported by multiple officials link immediate reopening of the Strait of Hormuz and easing of a U.S. naval blockade to a phased 30–60 or 60‑day technical window to address Iran’s enriched uranium, verification and access to frozen funds.
- U.S. Central Command reported it downed multiple one‑way Iranian attack drones targeting commercial ships transiting the Strait, showing that military skirmishes continue even as negotiators move toward a text.
- Hardline protests in Iran and objections from regional partners and U.S. lawmakers underline strong political obstacles inside Tehran and among allies that could block final approval.
- If finalized, the memorandum could quickly ease shipping and oil‑market pressure but would require detailed technical fixes—de‑mining, IAEA verification, and staged sanctions relief—before broader peace or nuclear dismantlement can proceed.