US and Iran to sign memorandum on Sunday in virtual format — Axios

AI Summary

The US and Iran are expected to sign a memorandum on Sunday via a virtual meeting that includes provisions for reopening the Strait of Hormuz and initiating negotiations on Iran’s nuclear program. This agreement signals potential diplomatic progress between the two countries.

The document provides for the opening of the Strait of Hormuz and the launch of negotiations on Tehran's nuclear program, Axios quoted sources as saying