For a relatively short “memorandum of understanding” (MoU) the draft agreement between the United States and Iran is taking a very long time to finalize.

ALBAWABA - Iranian state television announced on Wednesday that it had obtained the unofficial, preliminary text of a 14-point memorandum of understandi

A tentative US-Iran deal centered on Hormuz transits, if reached, would see Iran maintain control in the short term — and could take root longer term.

The US and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran’s nuclear program

According to an Axios report, negotiators from each country have agreed upon a 60-day memorandum of understanding.

According to the sources, US President Donald Trump has yet to give his final approval

The memorandum of understanding, which would enable further negotiations, still requires Donald Trump's final approval.

The Iranian leadership must also okay the proposal

The US and Iran are reportedly close to finalizing a deal, though uncertainties persist as negotiations, conducted largely via mediators, raise questions about mutual alignment.

US-Iran memorandum of understanding reportedly covers Strait of Hormuz, sanctions relief and enriched uranium limits.

The draft memorandum includes unrestricted Hormuz shipping, Iran removing mines within 30 days and US sanctions waivers on Iranian oil, with nuclear talks to follow.

US and Iran reach tentative 60-day MOU on ceasefire and nuclear talks, pending Trump approval. Here's what it means for oil, sanctions, and crypto markets.

For a relatively short “memorandum of understanding” (MoU) the draft agreement between the United States and Iran is taking a very long time to finalize.