US forces shot down Iranian drones targeting commercial ships in the Strait of Hormuz. Iranian Foreign Minister Abbas Araghchi indicated that a draft understanding memo with the US would be signed "remotely" upon completion, potentially within days, signaling a de-escalation in the Gulf conflict.
Russian Deputy Foreign Minister Ryabkov expressed hope that a potential agreement, specifically a framework memorandum of understanding with phased problem-solving, will prove workable.
A senior US official stated that finalizing a memorandum of understanding between the US and Iran could take several more days due to Iran's lengthy approval process for the agreement's terms. While President Trump announced the deal was imminent, officials tempered expectations, emphasizing ongoing negotiations on the wording.
US President Donald Trump announced Saturday night that a memorandum of understanding with Iran has been largely negotiated, with final details being prepared for a near-future announcement.
