The United States and Iran are close to finalizing an agreement aimed at resolving their conflict, a senior U.S. official says. Speaking anonymously on Friday, the official says negotiations have put both sides “very close” to the finish line and that Washington expects to sign an initial deal in the coming days, though changes could still occur before completion. The parties have signaled they have agreed on a text, with U.S. officials describing the terms as meeting U.S. President Donald Trump’s core objectives. Reported elements of the proposed “memorandum of understanding” include reopening shipping through the Strait of Hormuz and lifting U.S. restrictions on Iranian ports. The agreement is also described as leading to dismantling Iran’s nuclear program, with highly enriched uranium to be destroyed on site and removed from Iran afterward. An inspection regime is included, intended to ensure long-term enforceability. Iranian Foreign Minister Abbas Araqchi says the tentative agreement may still see changes, but he characterizes the outcome as reflecting Iran’s increased strength following the conflict. Separate reporting also notes heightened military activity near the Strait of Hormuz alongside the diplomatic progress.