May 6, 2026

The United States and Iran are nearing a one-page memorandum of understanding to end the war that began on February 28, Axios and Reuters reported, as US President Donald Trump signaled a de-escalation in the conflict.

Axios, which first reported the development, said the US expects Iranian responses on several key points within the next 48 hours, adding that while no agreement has been finalized, sources described the talks as the closest the two sides have come since hostilities began.

The proposed memo would include Iran committing to a moratorium on nuclear enrichment, while the United States would agree to lift sanctions, release billions of dollars in frozen Iranian funds and ease restrictions on transit through the Strait of Hormuz, it said.

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https://news.cgtn.com/news/2026-05-06/news-1MVtd9rCVFe/p.html