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US, Iran closing in on one-page memo to end war - Axios

May 6, 2026, 10:16 GMT+1Updated: 12:51 GMT+1

The United States expects a response from Iran within the next 48 hours on key points of a proposed agreement to end the war, Axios reported on Wednesday, citing US officials and sources.

The report said the sides were discussing a one-page memorandum of understanding that would set a framework for more detailed nuclear negotiations.

Nothing has been agreed, but sources said this was the closest the two sides had come to a deal since the war began.

The White House believes progress has been made in recent talks, according to the report.

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