US Iran War: US-Iran War Update: The two sides have developed a memorandum of understanding that would extend the ceasefire for 60 days, demine and reopen the Strait of Hormuz, and lay the ground for a permanent end to the war. Trump declared it “largely negotiated” and said an announcement was coming soon.
DON'T MISS
What Each Side Gets
Iran would be able to freely sell oil and negotiate over its nuclear program. The US would lift its blockade on Iranian ports and gradually release billions of dollars in Iranian funds frozen around the world.
The Uranium Problem
This is where the deal could unravel. Washington’s demands remain firm: no nuclear weapon, Hormuz open without tolls, enriched uranium handed over. Rubio warned the problem “will be solved one way or the other.” But Tehran flatly denied agreeing to surrender its uranium stockpile, insisting nuclear issues were not part of any preliminary agreement.
Pakistan in the Middle
Field Marshal Asim Munir has been the primary mediator, travelling to Tehran to push the deal across the line, while Trump held a call with Saudi Arabia, Qatar, Egypt, Turkey, and the UAE — all of whom backed the framework.
The Stakes
A fragile ceasefire has held since April 8, but skirmishes continue. Gulf states have called it the worst global energy crisis in decades, with soaring oil prices feeding US inflation. Officials say nothing will be signed immediately — the Iranian system, one senior US official noted, does not move fast enough.
The 60-day clock hasn’t started. But the pressure is already at full force.
