May 24, 2026
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U.S. and Iran Near Agreement on Ceasefire and Nuclear Discussions

Negotiators between the United States and Iran indicate that both parties are approaching a potential agreement to extend a ceasefire for an additional 60 days, while also establishing a framework for discussions regarding Iran’s nuclear program.

According to sources, a memorandum of understanding (MOU) is expected to be finalized soon. This agreement would entail a gradual reopening of the Strait of Hormuz and commitments to discuss the dilution or transfer of Iran’s enriched uranium.

As part of this deal, the U.S. is likely to ease restrictions on Iranian ports and incrementally agree to lift sanctions and unfreeze Tehran’s overseas assets.

Intermediaries express hope that the terms of the memorandum will deter U.S. President Donald Trump from resuming military strikes against Iran, amid concerns that such an attack could occur within days if diplomatic efforts falter.

“It seems the agreement is moving in the right direction. It is currently under review by the Americans. The Iranians are likely willing to make significant concessions regarding nuclear energy, but they will not do so while the war continues; this agreement helps bridge the gaps,” stated a diplomat familiar with the negotiations.

Preliminary signs of progress emerged following significant talks between Pakistani and Qatari negotiators and their Iranian counterparts on Thursday and Friday.

Meanwhile, The Washington Times reports that the draft agreement was approved on Saturday morning and is expected to be announced within 24 hours.

Additionally, Iranian Foreign Ministry spokesperson Esmail Baghaei confirmed that Tehran is discussing a memorandum of understanding aimed at ending the conflict as a first step, with a broader agreement to be detailed within 30 to 60 days.

He emphasized that Iran’s primary goal is to conclude the war, as outlined in the memorandum, while discussions on the nuclear program will take place during the development of the final agreement.

In comments to Axios, President Trump stated that he would discuss the proposed terms of the memorandum with his team today, and a decision on whether to continue military action is likely to be made by tomorrow. He noted that any agreement must include nuclear issues.

U.S. and Iranian negotiators are nearing an agreement to extend a ceasefire and discuss Iran's nuclear program. The proposed memorandum aims to ease tensions and could be finalized soon, with significant implications for regional stability.

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