Overview
- President Donald Trump wrote on Saturday that a memorandum of understanding with Iran and regional partners has been "largely negotiated," while U.S. officials warned final details still require work and approvals.
- Leaked draft elements reported by multiple outlets outline a phased deal to reopen the Strait of Hormuz, end fighting on several fronts and create a 30–60 day window to negotiate technical nuclear steps and sanctions relief.
- The draft reportedly contemplates handling Iran’s roughly 440–441 kg of 60% enriched uranium through dilution or transfer to a third country over weeks and tying phased sanctions waivers and frozen‑fund releases to reciprocal steps.
- Iranian state‑linked media and officials issued mixed signals, saying nuclear commitments and full relinquishment of control over Hormuz are not agreed and that any MoU must win security‑council and supreme‑leader approval.
- Negotiators led by U.S. teams with Pakistani and Gulf mediation must still win buy‑in from Israel and Tehran, the U.S. naval blockade remains in place, and analysts warn verification, regional spoilers and energy market disruption could persist even if an MoU is signed.