Donald Trump announced a memorandum of understanding with Iran may be imminent, but Tehran says no draft has been approved yet.
A deal between Washington and Tehran moved closer on Thursday, when Donald Trump told reporters that a memorandum of understanding could be finalised within days. It would be the most significant diplomatic breakthrough since fighting broke out between the United States and Iran more than three months ago — a conflict that has already killed thousands of people and driven global energy prices sharply higher. Iranian officials, however, moved quickly to cool expectations: no draft memorandum had been approved, they said, though Tehran signalled it would likely follow suit if Washington accepted Iran's own proposals. At the heart of the negotiations sits Iran's nuclear programme.
The central dispute concerns roughly 400 kilograms of uranium that Iran has enriched to approximately 60% purity — material that, if enriched further, could theoretically be used to build several nuclear weapons. Iran's state news agency IRNA stated that Tehran's right to enrich uranium and to keep its stockpile would be "emphasised" in any final text. The United States has reportedly pushed for a moratorium of up to 20 years, but Iran has flatly rejected that timeline and is instead holding out for a pause of around five years. The fate of that enriched stockpile remains the sharpest point of contention.
Iran wants to dilute the material itself, but only once US sanctions are lifted — a sequencing that Washington has resisted.