US, Iran near preliminary deal to end war and ease Hormuz tensions ...Iraq

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The United States and Iran are nearing a preliminaryagreement aimed at ending the war and opening broader nuclear negotiations,Axios reported on Wednesday, citing two US officials and two additional sourcesfamiliar with the talks.

Under the draft proposal, Iran would temporarilysuspend uranium enrichment, allow enhanced international inspections, andprovide guarantees that it will not pursue nuclear weapons or relatedactivities. In exchange, the United States would gradually ease sanctions andrelease billions of dollars in frozen Iranian assets.

Axios identified the duration of the enrichment freezeas one of the main unresolved issues. Tehran has reportedly proposed afive-year suspension, while Washington initially pushed for 20 years, withcurrent discussions focusing on a compromise ranging between 12 and 15 years.

Negotiations are being led by US Envoy Steve Witkoffand Jared Kushner, President Donald Trump’s son-in-law, alongside Iranianofficials through direct and indirect channels, with Islamabad and Geneva underconsideration for the next round of talks.

I am grateful to President Donald Trump for his courageous leadership and timely announcement regarding the pause in Project Freedom in the Strait of Hormuz.President Trump's gracious response to the request made by Pakistan and other brotherly countries, particularly the…

— Shehbaz Sharif (@CMShehbaz) May 6, 2026

Read more: Washington pursues regional de-escalation through fragile frameworks

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