Published May 7, 2026, 3:02 AM ET · Updated 6 months ago · 1 source
Iran Weighs One-Page US Memorandum to End War
bloomberg
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Original Report
The United States has presented Iran with a one-page memorandum of understanding. This proposal includes the gradual reopening of the Strait of Hormuz and the lifting of American blockades on Iranian ports. The initiative follows President Donald Trump's decision to suspend a recent mission aimed at ensuring safe passage for commercial vessels through the vital waterway.