The United States has proposed a one-page memorandum of understanding containing 14 key points to end hostilities with Iran and initiate negotiations on a comprehensive nuclear agreement, according to reports from Axios and Reuters citing unnamed officials. President Donald Trump said a deal was 'very possible,' but warned he would resume bombing 'at a much higher level and intensity' if Iran does not comply with agreed terms.

The draft MOU calls for Iran to impose a 12- to 15-year moratorium on uranium enrichment, commit to never developing nuclear weapons, halt operations at underground facilities, and accept enhanced UN inspections, including snap checks. In return, the U.S. would gradually lift sanctions and release billions in frozen Iranian assets, while both sides would lift transit restrictions through the Strait of Hormuz. A key point under discussion is the removal of Iran's highly enriched uranium, possibly to the United States, a demand Tehran has previously rejected.

Talks are being conducted directly and through mediators, including officials from Pakistan, with U.S. envoys Steve Witkoff and Jared Kushner leading the American side. Iran has not officially responded, but Foreign Minister Abbas Araghchi stated Tehran would only accept a 'fair and comprehensive agreement.' U.S. officials acknowledge internal divisions within Iran's leadership may complicate consensus, and some remain skeptical an initial deal can be reached.

The memorandum is designed as a framework, not a final treaty, and would declare an end to hostilities followed by a 30-day period of detailed negotiations, potentially held in Islamabad or Geneva. Many provisions are contingent on a final agreement, leaving open the risk of renewed conflict if talks collapse.

U.S. Secretary of State Marco Rubio said the agreement does not need to be finalized immediately, calling the process 'highly complex and technical.' Negotiators in Washington expect Iran's formal response to the 14-point proposal within the next 48 hours.