The United States and Iran are closing in on a memorandum of understanding that would end a war that has dragged on since late February 2026. The proposed 14-point framework covers a ceasefire extension, the reopening of the Strait of Hormuz, sanctions relief, and a structured timeline for addressing Iran’s nuclear and missile programs.
Sources around President Trump described the agreement as “largely negotiated” as of late May 2026, with finalization expected within the next 30 to 60 days. The catch, as always with Iran deals, is the nuclear question, which has been deferred rather than resolved.
What the deal actually covers
The framework would halt active hostilities and reopen the Strait of Hormuz, which has been blockaded since fighting escalated in late February 2026. The US is pushing for a long-term moratorium on uranium enrichment, reportedly seeking a halt lasting up to 20 years. Iran has countered with a five-year window instead.
Multiple rounds of mediation have taken place in locations including Doha and Islamabad, with key figures including Secretary of State Rubio on the American side and Iranian officials Araghchi and Ghalibaf leading Tehran’s delegation. The structured approach addresses the ceasefire first and nuclear issues second.
