1. Negotiation: Approaching a “One-Page Ceasefire Memorandum” (14 points)

- U.S. media (May 6): U.S. officials say they are extremely close to reaching a memorandum of understanding, to end the war and kick off 30 days of nuclear talks.
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- Core terms (swapped conditions):
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- Iran: Suspend uranium enrichment, give up nuclear weapons, accept inspections, export high-enriched uranium abroad.
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- United States: Lift sanctions + unfreeze Iran’s overseas assets, lift the strait blockade.
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- Iran’s Ministry of Foreign Affairs (the 6th): Is assessing the memorandum and has not responded yet.
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- Trump (the 6th):
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- Statement: Iran’s fighting “is very likely to end,” but face-to-face negotiations “are still too early.”
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- Threat: If it agrees, it will end “epic rage” and open the strait; if it does not, it will launch large-scale bombings far beyond anything in the past.

2. Military and the strait: the standoff continues, with small-scale frictions

- Strait of Hormuz: Iran’s new passage mechanism takes effect; ships must apply for permits and travel along designated routes.
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- Nighttime frictions (night of May 5 – early morning of the 6th):
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- Iran: Warned with firing shots to drive away a U.S. military unmanned boat near Jask Island.
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- U.S. military: Maintains the strait blockade and troop deployment; the “Freedom Plan” remains paused.
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- United Arab Emirates: The Fujaɪrah oil area was hit again by an unmanned drone attack on the 5th; Iran denies any link.

3. Oil prices: plunge by more than 13%

- May 6: Hit by the “approaching ceasefire” news, WTI crude fell by more than 13%, and Brent fell by more than 11%.

4. Key time points

- U.S.: Demands Iran’s response within 48 hours (as of May 8).
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- Negotiation venue: Set to be Islamabad, Pakistan, or Geneva, Switzerland.

Do you want me to combine the key events of May 5 and May 6 into a one-page timeline for quick side-by-side comparison?