US and Iran close to one-page memo to end war, reports say

According to multiple reports, the United States and Iran are nearing agreement on a one-page memo that would end the ongoing war. The proposal, reportedly containing 14 points, has been described as the closest the two countries have come to ending the conflict. President Trump has stated that the war could end if Iran agrees to the US proposal.

Iran is currently evaluating the American proposal, while China has called for peace. The reports, first published by Axios, suggest that both sides are closing in on a deal that would be formalized in a single-page document.