The United States and Iran are edging closer to a framework agreement that could transform the current ceasefire into a lasting settlement. Both sides are discussing a “memorandum of understanding” (MoU) that would outline steps to resolve outstanding issues, though officials caution that a final deal is not imminent.
At the heart of the proposal is a pledge to halt fighting, a move welcomed by Washington ahead of US midterms and by Tehran as its economy struggles. Drafts of the MoU suggest the gradual reopening of the Strait of Hormuz and easing of the US blockade on Iranian ports. A senior US official said the framework gives both parties 60 days to finalize details, including Iran’s nuclear program.
THE STRAIT OF HORMUZ
Trump has promised the reopening of the critical waterway, but Iranian outlets stress Tehran will retain control and may impose fees on shipping. Iran demands the simultaneous lifting of the port blockade, while Trump insists restrictions remain until a signed accord is reached. Iranian officials emphasize that reopening does not mean relinquishing claims over the strait, signaling continued oversight of transit.
IRAN’S URANIUM STOCKS AND ENRICHMENT
The US insists Iran must never acquire a nuclear weapon and must surrender its stockpile of highly enriched uranium. Trump has repeatedly referred to this as “nuclear dust.” Iran, however, maintains that nuclear issues will only be addressed after a ceasefire is formally agreed. State media deny any commitment to hand over uranium or dismantle facilities, leaving enrichment a major challenge for a comprehensive deal.
IRAN’S FROZEN ASSETS AND SANCTIONS
Tehran wants billions in frozen assets released immediately, but Washington says unfreezing will only occur once the strait is fully open. Broader sanctions relief, particularly on oil sales, is expected to be tied to nuclear concessions. Iran estimates lifting sanctions on oil alone could generate nearly $10 billion in revenue over 60 days.
OTHER ISSUES
Ballistic missiles and the Lebanon front remain unresolved. Israel insists on freedom of action against Hezbollah, complicating Iran’s demand for a regional ceasefire.
Despite optimism from Trump, Iranian media remain skeptical, citing persistent differences. For now, the MoU represents a fragile roadmap: reopening Hormuz, easing blockades, and setting the stage for deeper negotiations on nuclear and regional conflicts.
Iran’s foreign ministry spokesman Esmail Baghaei said yesterday. “Stopping the war on all fronts, including Lebanon, will be one of the elements of the possible understanding.”
But Trump told Israeli Prime Minister Benjamin Netanyahu he supports the country’s wish to “maintain freedom of action against threats on all fronts, including Lebanon,” an Israeli official told CNN. In a call with Trump on Saturday evening, Netanyahu “emphasized that Israel will maintain freedom of action against threats on all fronts, including Lebanon, and President Trump reiterated his support for this principle,” the official said on Sunday.
Ultimately, Iran insists it is ready for a “fair and balanced deal,” the Iranian source told CNN Sunday. “The most important thing for us is that the war must end for good in the whole Middle East.”
