According to Axios, citing officials and others with knowledge on the matter, the U.S. and Iran are close to reaching an agreement centered on a one-page memorandum of understanding. Per the report, the U.S. is waiting on Iranian responses to several points of contention, including a moratorium on enrichment and the freedom of passage through the Strait of Hormuz, in the next 48 hours. If Iran were to agree to a moratorium on enrichment, the U.S. is reportedly willing to release some Iranian frozen funds. However, per U.S. officials, U.S. President Donald J. Trump will likely only make a decision to end the U.S. blockade of the Strait of Hormuz if talks realize tangible progress.
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U.S.-Iran Potential MOU Continued:
In addition to the previously reported points on the potential U.S.-Iran Memorandum of Understanding (MOU), the MOU would reportedly include 14 points, including declaring an end to the conflict in the Middle East, the announcement of a 30-day period to negotiate the Strait of Hormuz and Iranian enrichment, and the gradual lifting of both nations’ restrictions on the strait as talks progress. Sources told Axios that the U.S. is looking to add a provision where an Iranian disregard or violation of agreements on enrichment, which includes a cap at 3.67%, would extend the moratorium. Additionally, on enrichment, sources also told Axios that Iran may be willing to move previously enriched material from the country, with a proposal for the U.S. to take possession of it being discussed.
In addition to the previously reported points on the potential U.S.-Iran Memorandum of Understanding (MOU), the MOU would reportedly include 14 points, including declaring an end to the conflict in the Middle East, the announcement of a 30-day period to negotiate the Strait of Hormuz and Iranian enrichment, and the gradual lifting of both nations’ restrictions on the strait as talks progress. Sources told Axios that the U.S. is looking to add a provision where an Iranian disregard or violation of agreements on enrichment, which includes a cap at 3.67%, would extend the moratorium. Additionally, on enrichment, sources also told Axios that Iran may be willing to move previously enriched material from the country, with a proposal for the U.S. to take possession of it being discussed.
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Following reports from Axios that the U.S. and Iran may be close to agreeing to a 14-point memorandum of understanding, U.S. President Donald J. Trump has said that should Iran fail to agree to a deal, combat operations against Iran will resume at a significantly increased tempo.
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According to Iranian news outlets, Iran has received a revised U.S. proposal via Pakistani mediators and is currently reviewing it. This follows the announcement that the U.S. will suspend the Hormuz passage framework , Project Freedom,” to allow for progress to be made in the ongoing U.S.-Pakistan-Iran negotiations.
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Following the establishment of the "Persian Gulf Strait Authority" by the Islamic Republic of Iran yesterday, which requires advanced coordination with Iran for any ships to transit the strait, along with paying a toll, the Islamic Revolutionary Guard Corps-Navy has thanked shipping captains and owners for their "cooperation in transiting the Strait of Hormuz in accordance with Iranian regulations."
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Chinese Minister of Foreign Affairs Wang Yi met with Iranian Minister of Foreign Affairs Abbas Araghchi in Beijing, amidst the ongoing tensions between Iran and the U.S. in the Middle East and the current deadlock in the Strait of Hormuz. Per a Chinese MOFA release, Foreign Minister Araghchi briefed his Chinese counterpart on the ongoing U.S.-Iran talks process, reiterated Iranian support of China’s One China policy, and discussed continued bilateral cooperation. In turn, China has reiterated its support for Iran’s actions, saying “China supports Iran's safeguarding of national sovereignty and security,” and that China “believes that Iran has a legitimate right to use nuclear energy peacefully.”
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The Charles de Gaulle aircraft carrier has transited southbound through the Suez Canal to deploy to the Red Sea and Gulf of Aden in preparation for the previously announced UK-France Strait of Hormuz mission, per the French Defense Ministry.
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