The US-Iran agreement appears to be moving closer to reality after reports suggested that both countries have reached a preliminary understanding. According to media reports, a memorandum of understanding could be signed as early as Sunday, marking a significant development in efforts to ease tensions between Washington and Tehran.
The reported breakthrough comes ahead of the G7 Summit scheduled to begin in Geneva, Switzerland, next week. Sources indicate that both sides are seeking to formalize key points of consensus before world leaders gather, potentially creating momentum for broader diplomatic engagement.
Reports claim that the United States and Iran have agreed on the immediate reopening of the Strait of Hormuz and a 60-day ceasefire. The proposed ceasefire would reportedly apply across all active fronts, providing a temporary pause in regional tensions while negotiations continue.
Under the reported framework, sanctions relief would be tied to practical steps taken by Iran. Discussions concerning Iran’s nuclear program are expected to continue during the ceasefire period, while broader economic issues would also remain on the negotiation agenda.
Iranian media reports suggest that the proposed memorandum includes the removal of certain sanctions, the restoration of frozen Iranian assets, and the end of restrictions affecting Iranian oil exports. Additional provisions reportedly address the withdrawal of US forces from areas surrounding Iran and the lifting of maritime restrictions in the Gulf of Oman.
US President Donald Trump recently stated that documentation related to a deal with Iran was in its final stages and expressed confidence that an agreement could be signed before the end of the week. He also indicated that the Strait of Hormuz could reopen shortly after the deal takes effect.
Despite the optimistic reports, Iranian officials have stressed that no final agreement has yet been reached. Foreign Ministry spokesperson Esmaeil Baghaei said substantial progress had been made on the text but emphasized that Iran would not compromise on its core red lines. Diplomatic contacts remain ongoing as both sides work toward a potential final accord.