TOPSHOT - Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026. Washington, locked in conflict with Tehran since US and Israeli forces launched major strikes on the Islamic republic beginning February 28, has struggled to break an impasse and make any progress toward ending a war that has shaken the Middle East and sent energy prices climbing. The war has led to an effective blockade of the critical Strait of Hormuz, through which some 20 percent of global oil exports pass in peacetime, and has drawn neighbors Israel and Lebanon into a deadly side conflict. (Credit: Photo by AFP via Getty Images /)
The United States and Iran are moving toward signing a memorandum of understanding or letter of intent that could open the door to a broader agreement on Iran's nuclear program, according to sources familiar with the negotiations cited by CBS News.
The preliminary document, which could be signed as early as next week, would trigger an initial 60-day negotiating period to work out the details of a longer-term accord.
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
