The United States and Iran are reported to be nearing a diplomatic breakthrough, even as military activity and blame continue around the Strait of Hormuz. Multiple outlets report that an emerging draft memorandum of understanding would extend a fragile ceasefire and create a defined window—described as 60 days—for further negotiations related to Iran’s nuclear program, alongside potential economic relief. However, progress remains uncertain. The New York Times reports that any memorandum requires approval from U.S. President Donald Trump, and Iran has not publicly confirmed binding commitments.
Negotiations are also affected by unresolved disputes. Bloomberg reports that while Iran says the latest U.S. proposal partly bridges differences, statements from Iran’s Supreme Leader about retaining Iran’s uranium stockpile complicate the nuclear track. Separately, outlets highlight contention over how any tolling or transit arrangements for the Strait of Hormuz would work. France 24 adds that the U.S. warns against actions that would enable an Oman-led tolling system and says it has threatened sanctions for parties involved. At the same time, both Washington and Tehran exchange accusations of ceasefire violations during continued indirect talks.