Iran Is Making 'Progress' And Getting 'Closer' To a Deal, Says US | BBC News

Why It Matters

If the framework leads to a binding deal it could halt wider regional escalation and reopen critical energy transit routes, easing global oil-price pressure; conversely, failure would risk rapid resumption of major hostilities with significant economic and geopolitical fallout.

Summary

Iran and Pakistan say talks with the United States have produced an emerging framework memorandum of understanding that could lead to detailed negotiations to end the war, with Tehran’s negotiators reportedly finalizing a draft and Pakistan relaying it to Washington. US officials, including Secretary of State Marco Rubio and former President Donald Trump, said progress has been made and a decision could come imminently, though key gaps remain and nuclear issues appear to be sidelined in the initial draft. The proposed memorandum reportedly focuses on a ceasefire extension, lifting Iran’s port blockade and unfreezing assets, while fighting continues elsewhere—Israel has issued evacuations in southern Lebanon amid ongoing strikes. The dispute is already disrupting global energy flows through the Strait of Hormuz, prompting diplomatic outreach in the Gulf and to major energy importers like India.

Original Description

US President Donald Trump has said Iran is "getting a lot closer" to reaching an agreement with the US on the war and US Secretary of State, Marco Rubio, says "progress" has been made, with an announcement possible soon.

Iranian foreign ministry spokesman Esmaeil Baqaei told state television that the US and Iranian positions had been converging in the last week, but warned that did not mean agreements would be reached on key issues.

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