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US, Iran reportedly near one-page peace deal as oil futures prices plunge

The United States and Iran are close to finalizing a one-page memorandum of understanding to end hostilities, with nuclear provisions at the center, according to Trump administration officials. U.S. envoys Steve Witkoff and Jared Kushner are negotiating with Iranian officials and through Pakistani mediators to secure the deal, Axios reported. The framework calls for a 20-year moratorium on Iranian nuclear enrichment along with United […]

May 07, 2026

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