Axios report: Iran and the United States close to agreement to end the war

Axios reports that Iran and the United States are nearing a one-page memorandum of understanding to end the war, though no final deal has been reached. Washington expects Tehran’s response within 48 hours on key issues. The proposed agreement would see Iran suspend uranium enrichment in exchange for U.S. sanctions relief and the release of frozen assets. The draft also outlines a 30-day period of intensive negotiations and a suspension of enrichment for at least 12 years, with possible extension. It includes enhanced monitoring and a commitment by Iran not to pursue nuclear weapons. Iran has also agreed to remove highly enriched uranium, potentially transferring it abroad. Despite ongoing tensions, signs of progress have emerged, with China offering to support peace talks, though no concrete outcome has yet been achieved.