Iran’s Foreign Ministry spokesperson Esmaeil Baghaei confirmed that a memorandum of understanding with the United States is in its final stages of development. But he added an important caveat: no final decision has been made by either government.
What’s actually in the deal
The framework reportedly covers three major pillars. First, a proposed 60-day extension of an existing ceasefire between the two nations. Second, the reopening of the Strait of Hormuz for commercial shipping traffic. Third, the initiation of formal dialogues concerning Iran’s nuclear program.
Iranian negotiators have reportedly pushed for the release of up to $12 billion in frozen assets currently held in Qatar.
The mediator list includes Pakistan and Qatar as intermediaries, while the US side has deployed envoys Steve Witkoff and Jared Kushner to help bridge the gap.
