"The one-page, 14-point memorandum of understanding (MOU) is being negotiated between Trump's envoys Steve Witkoff and Jared Kushner and several Iranian officials, both directly and through mediators."
"In its current form, the MOU would declare an end to the war in the region and the start of a 30-day period of negotiations on a detailed agreement to open the strait, limit Iran's nuclear program and lift U.S. sanctions."
"If the negotiations collapse, U.S. forces would be able to restore the blockade or resume military action, the U.S. official said."
"The duration of the moratorium on uranium enrichment is being actively negotiated, with many terms contingent on a final agreement being reached."
The deal involves Iran committing to a moratorium on nuclear enrichment while the U.S. lifts sanctions and releases frozen funds. Both sides would also ease restrictions on transit through the Strait of Hormuz. The agreement is contingent on reaching a final deal, with concerns about the divided Iranian leadership complicating consensus. A one-page memorandum outlines a ceasefire and a 30-day negotiation period for a detailed agreement. If negotiations fail, military actions may resume.
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