U.S. and Iran closing in on one-page memo to end war: Axios
The proposed memorandum would start 30 days of talks on Iran’s nuclear program and sanctions relief after oil prices fell on the report.
- On Wednesday, the White House neared a potential agreement with Iran to end the conflict and establish a framework for nuclear negotiations, Axios reported, citing two U.S. officials and two other sources briefed on the issue.
- The dollar's decline erases gains since the Middle East war began, as optimism over a potential resolution saps demand for haven assets and weighs on global energy markets.
- Iran would halt nuclear enrichment under the proposed memorandum in exchange for lifted sanctions and released frozen assets, while easing transit restrictions through the Strait of Hormuz.
- The Bloomberg Dollar Spot Index fell to its lowest level since Feb. 26, while Brent crude oil futures declined 7% to $102 a barrel, the lowest in almost two weeks.
- Neither the State Department nor the White House has officially confirmed the report, which anticipates Iranian responses to key points within the next 48 hours.
282 Articles
282 Articles
'Capitulating' Trump just handed Iran another 'huge win': expert
According to MS NOW national security analyst David Rohde, what is known about the rumored one-page memorandum of understanding between the US and Iran to halt the war is less than being advertised and the advantages still lie with the war-torn country.Appearing on “Morning Joe,” Rohde praised the work of the negotiators but also claimed that the increasingly desperate American president is backing off many of his earlier demands which plays int…
Iran Spox Blasts "Unrealistic" White House "Wish List" To End War After US Touts "Close" To Deal
This article was originally published by Tyler Durden at ZeroHedge. Summary Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump’s post appears to offer an olive branch. White House says it expects a response to the latest offer within 48 hours. Iran’s initial response via media & national security spox: US demands are unrealistic & do not reflect reality. A key caveat of the US offered deal is…
The US and Iran are about to reach an agreement for an end to the war. However, an Iranian parliamentarian sees the report as "overlaid". All current developments in the Iran war live.
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