US Media: US and Iran are close to reaching a memorandum agreement to end the war. According to Axios, two American officials and informed sources revealed that the White House believes it is close to an agreement with Iran on a one-page understanding memorandum to end the war and establish a framework for more detailed nuclear negotiations later. The US expects to receive Iran's response on several key issues within the next 48 hours. Sources say this is the closest the two sides have come to an agreement since the outbreak of the war. According to some provisions of the agreement, Iran will commit to suspending uranium enrichment activities, and the US will agree to lift sanctions on Iran and release billions of dollars of frozen Iranian funds. Both sides will also lift restrictions on passage through the Strait of Hormuz. This one-page, 14-article memorandum of understanding is being negotiated jointly by Trump envoy Witkov and Kushner through direct contact and intermediary mediation with multiple Iranian officials. According to the current version, the memorandum will declare an end to regional war and initiate a 30-day negotiation period to reach a detailed agreement, including opening the strait, limiting Iran's nuclear program, and lifting US sanctions. These negotiations may take place in Islamabad or Geneva. An American official said that during these 30 days, restrictions on Iran's strait shipping and the US naval blockade will be gradually lifted. If negotiations break down, the US military will be able to resume the blockade or take military action again.