Overview
- U.S. officials said Monday that talks are about 90 to 95 percent complete and that a draft memorandum of understanding to pause direct hostilities is nearly finished.
- The draft would create a 60-day window for formal nuclear talks, condition phased sanctions relief on verifiable Iranian actions, and contemplates handling Iran’s stockpile of high‑enriched uranium.
- Multiple reports say the package would include reopening commercial transit through the Strait of Hormuz and U.S. easing of its maritime blockade if Iran takes specific steps such as neutralizing mines.
- Iran’s foreign ministry stresses the main aim is ending the fighting and says nuclear details will be negotiated in the 60-day window, while IRGC officials deny any surrender of control over the Strait and have warned of high readiness.
- If signed, the deal could ease oil-market pressure and reduce regional military tensions, but unresolved verification rules and control of maritime passage mean announcements may come soon yet leave major technical disputes to be settled next.