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U.S. and Iran Close to Framework Deal as Israeli Strike Threatens to Derail Signing

The memorandum would pause fighting, reopen the Strait of Hormuz, create a 60‑day technical window to resolve nuclear, financial, verification disputes.

Overview

  • U.S. President Donald Trump and Pakistan’s prime minister said the two sides were preparing an electronic signing after talks narrowed a 14‑point memorandum, but Iranian officials publicly disputed the timing on Sunday.
  • An Israeli airstrike on Beirut’s southern suburbs killed at least three people and prompted Iran’s top security council to warn that retaliation was imminent, a development negotiators said briefly delayed the process.
  • Draft terms reported by multiple mediators call for reopening the Strait of Hormuz and lifting the U.S. naval blockade in return for an extended ceasefire while leaving Iran’s nuclear stockpile and verification to a follow‑on technical phase.
  • Major technical and political gaps remain, especially over roughly 440 kg of Iran’s enriched uranium at up to 60% purity, the mechanics for sanctions relief or frozen assets, and who would control transit and fees in the strait.
  • Israel is not a party to the talks and has continued strikes in Lebanon, a dynamic that risks undermining U.S. credibility with Tehran and could raise oil and shipping costs if the accord collapses.