IRAN AND US CLOSE TO MEMORANDUM OF UNDERSTANDING TO END WAR
What changed
Two regional officials and a diplomat said the sides are near an agreement, as the US weighed new attacks. Oil prices could fall on de-escalation hopes.
Why it matters
Two regional officials and a diplomat said the sides are near an agreement, as the US weighed new attacks. Oil prices could fall on de-escalation hopes.
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May 23, 2026 05:26 PM ET