The United States and Iran are reportedly close to finalizing a one-page memo aimed at ending the ongoing war, according to multiple official sources. This potential agreement signifies a significant development in diplomatic efforts between the two nations.
News of the potential peace deal has already impacted global markets, with oil prices reportedly sliding following the reports. Amidst these developments, President Donald Trump has suspended the Hormuz plan as the U.S. boosts its efforts to de-escalate the conflict.
A Pakistani official has also confirmed that both the U.S. and Iran are "getting close" to finalizing the terms of the agreement. This is a developing story and will be updated as details emerge.
