A draft memorandum outlines a 60-day ceasefire extension and steps to end military operations on all fronts.
WHO:Two regional officials with knowledge of the ongoing diplomacy
WHAT:Draft memorandum outlines a 60-day ceasefire extension, reopening the Strait of Hormuz, and Iran commitments on nuclear weapons and enriched uranium disposal
WHEN:May 25, 2026 at 12:13 PM ET
WHERE:Location not specified
WHY:The draft proposal is part of ongoing diplomacy between the parties to reach an agreement.
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