Washington and Tehran on the Verge of Signing a Memorandum of Understanding to End the Conflict

A news report stated today, Wednesday (May 6, 2026), that the United States and Iran are about to sign a one-page memorandum of understanding to end the conflict. The report, citing US officials and sources familiar with the negotiations, stated that the White House believes it is close to reaching an agreement with Iran regarding a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations. It added that the United States expects Iran to respond to the main points of the potential agreement within 48 hours. The report confirmed that a final agreement has not yet been reached, but sources indicated that this is the closest point the two sides have reached to an agreement since the war began. According to the sources, the US leadership's decision to suspend the "Freedom Project" operation in the Strait of Hormuz is linked to the progress made in the negotiations. The draft memorandum is based on the US plan consisting of 14 points, which calls for a cessation of hostilities in the region and the start of a 30-day negotiation period regarding navigation in the Strait of Hormuz, the Iranian nuclear program, and prospects for lifting US sanctions.