Various reports, as on morning Friday 12th of June 2026, indicate that lasting peace could be achieved between US and Iran to end the hostilities.
A letter of intent or memorandum of understanding between Washington and Tehran is expected to be finalised early next week.
Agencies quoting CBS News are suggesting that serious diplomats from both sides may hold series of meeting in the coming days after broad outlines for peace are agreed upon.
Same reports add that a signing of MOU would kick off 60 days of talks to negotiate details of a US-Iran agreement, CBS News reported.
Iran’s foreign ministry spokesperson said that major sections of a potential understanding aimed at ending the imposed war are close to completion, despite Washington’s contradictory positions and repeated acts of military aggression aimed at disrupting the diplomatic process.
In principle, Tehran would commit to a lockout of 15-20 years during which it would not enrich uranium and would dismantle its nuclear sites.
In exchange for taking these steps, Iran would receive financial relief staggered over time and sequenced to correspond with compliance.
Regarding regional threat capabilities, the US intelligence community does not assess that Iran has a nuclear weapon or sought one, but rather that it sought to be at the threshold of one, CBS News reported.
The Iranian establishment has additionally refused to allow International Atomic Energy Agency nuclear inspectors into Iran to verify what it claimed was the peaceful nature of its programme, though Israeli intelligence maintains a different assessment.
The diplomatic process gained sudden momentum on Thursday when President Donald Trump announced on Truth Social that he had “cancelled the scheduled strikes and bombings against Iran this evening.
“The president noted that the decision followed confirmation that the final points of a potential deal have been approved by “all parties involved”.
