US-Iran War News Live Updates: US-Iran MoU Would Extend Ceasefire For 60 Days, Says Report

• The MOU calls for the Strait Of Hormuz to be reopened immediately without tolls, with a return to pre-war shipping volumes within 30 days. In return, the US blockade would also be lifted.
• US officials previously told Axios that after reopening the strait, Iran would be given temporary sanctions waivers to allow it to sell oil for 60 days. That would generate precious revenue for Tehran.
• The sanctions relief would increase if Iran complies with the initial agreement and shows "good faith" in subsequent negotiations.
• "There is no set date for sanctions relief and it will be tied to the implementation of the deal," the diplomat said.

 

(Source: Axios)

The details of MoU are as follows:

Under the MOU, Iran would make certain commitments on its nuclear program — first and foremost to never acquire a nuclear weapon and to resolve the standoff around its enriched uranium.

A senior US official said Trump agreed that one of the options for resolving the issue could be down-blending Iran's highly enriched uranium inside the country under the supervision of UN inspectors.

Any steps on Iran's nuclear program would only take place if a second deal is reached — an uncertain prospect given how difficult the far less technical negotiations over the MOU have been.

The diplomat claimed the MOU "goes into details on all the nuclear issues" and "satisfies all US requirements."

(Source: Axios)

US President Donald Trump spoke with Prime Minister Netanyahu regarding the emerging memorandum of understanding (MOU) with Iran to enter into negotiations.

Even though Israel is not a party to the memorandum of understanding, the Prime Minister expressed his appreciation for President Trump's commitment that the final agreement at the conclusion of negotiations will include the removal of enriched material, the dismantling of enrichment infrastructure, limits on missile production, and the cessation of Iran's support for its terrorist proxies in the region.

When asked if the Kharg Island operation off the table, US President Donald Trump says, "Now it would be if we signed this agreement, it would be. They weren't so thrilled when they heard that that's what I was put in. I just don't think I like it."

Speaking about Venezuela, he says, "Look at Venezuela, how well that's worked out. We paid for that war many times... millions of barrels of oil from Venezuela going to Houston, and we're working great with the Venezuelan government. Couldn't be better. It's real good relationship... Venezuela has been amazing. This is a larger situation... We go to wars, we end up with just blasting a lot of people and we come home. Nothing happens..."

When asked about the deadline for peace deal with Iran, US President Donald Trump says, "...The Strait is going to open immediately. This signing, maybe it'll happen on Saturday or Monday... We think it's going to go pretty quickly. I don't want to say a deadline, because if I say a deadline, you'll say, oh, he didn't meet the deadline... it's going to get signed. 

And the strait is open. But the strait have been open for a number of months already, and you just didn't know about it... I just announced yesterday that we bought a lot of ships across and millions, hundreds of millions of barrels of oil were brought across..."

When asked what makes him believe that this time Iran wanted to pursue diplomacy, US President Donald Trump says, "The level of enthusiasm beginning at that. we were hitting them very hard for the last three days. We're going to hit them even harder tonight. They knew that. We told them exactly what we were going to do... they had no Navy, no Air Force, no any weapons of detection. They have nothing... we won this war militarily very early on. The only thing we didn't win was the fake news..."

He adds, "They've got a chance to build a country. Their country is largely demolished... Everything is gone. Their leadership is gone many times over. Even many people from this leadership is gone. But we found them to be rational, and they're going to make a deal."

When asked if his peace deal with Iran setting the stage for deeper talks on nuclear, US President Donald Trump says, "It's very strong memorandum of understanding. That is a little conceptual, but it's something that's going to get done. And if it doesn't get done for any reason, which I can't imagine that not happening. They want to sign it as much as I do or more. I would say they want to sign it more, maybe a lot more.

But it's a very detailed memorandum of understanding, also agreed to by many other countries that have great influence over them. everybody wants it done. it's going to get done."

When asked why he is so sure that the deal will be finalised this time, US President Donald Trump says, says, "...Because They (Iran) have taken a pounding like very few people could take, and they want to make the deal a lot more than I do. we could have done the other way, but it would have taken longer. They got hit very hard recently, as you know. And I don't like to have to do things that way, but I felt it was necessary. 

It's a great deal for the US and for the Middle East, and I think ultimately great for Iran because they'll be able to build up their country... I really believe it's a regime change because I find these people to be much more rational than the people that are no longer with us. 

We knocked out the first team of leadership, the second team of leadership. This is a different group. This is a different level. I think it's, frankly, a smarter level, and it's a level that has reason...

Everybody's approved the deal. Now we'll get it finished up, and hopefully that'll be done... Iran will in no way, or form have a nuclear weapon or purchase a nuclear weapon."

When asked whether Iran committed to not pursuing a nuclear weapon after the finalisation of deal, US President Donald Trump says, "They will not have a nuclear weapon. They've agreed to that... They will not purchase, develop in any way any shape or in any way, form a nuclear weapon..."

When asked how soon will the peace deal with Iran be finalised, US President Donald Trump says, "It'll be soon. Maybe this weekend."

On whether Iran's Supreme Leader approved the terms of the deals, he says, "I understand the answer is yes."

When asked whether the US is going to immediately lift the blockade as soon as the deal is signed, he says, "Yes, that's right. That's part of the deal. And you'll have oil prices dropping like a rock..."

US President Donald Trump says, "We just made a great settlement of the war with Iran, and we're going to be subject to finalisation of documents. We should get done over the next few days. We'll probably have a signing maybe in Europe... when oil comes down, everything else comes down. Most importantly, we have a deal that Iran will never have a nuclear weapon, which was the whole purpose of what we had to go through to get this... we have a signing soon, and oh the documents are in pretty final shape... that should be done pretty quickly..."