US-Iran peace memorandum could be signed on Sunday in Geneva, source says
Summary
A tentative peace memorandum between the US and Iran to halt the Gulf conflict could be signed in Geneva by Sunday, with terms including sanctions waivers and cessation of hostilities in Lebanon.
Key Points
- A US-Iran peace memorandum to end the Gulf war could be signed as soon as Sunday in Geneva.
- Iran insists the deal must also end fighting in Lebanon involving Hezbollah and Israel.
- The draft agreement reportedly includes waiving sanctions, unfreezing funds, and a halt to hostilities on all fronts.
- US forces shot down two Iranian drones near the Strait of Hormuz amid ongoing tensions.
