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U.S. and Iran Continue Talks on Draft Nuclear and Ceasefire Agreement

Iranian state media and U.S. officials described ongoing negotiations over a proposed memorandum of understanding. The text remains unfinalized and subject to further review by both sides.

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1 source·May 29, 3:43 PM(2 hrs ago)·1m read
U.S. and Iran Continue Talks on Draft Nuclear and Ceasefire Agreementtheiranproject.com
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Iranian state media reported Friday that a draft memorandum of understanding between the United States and Iran is not yet finalized. Tasnim news agency stated that Western media accounts of an imminent agreement were inaccurate and that the text had undergone changes in recent days.

President Trump posted on Truth Social that the United States would unearth and control Iran's uranium, that no funds would be transferred to Iran, and that Iran must agree never to possess a nuclear weapon. Iranian officials responded that the statements contained a mix of truth and lies.

The sides are working toward a 60-day extension of the current ceasefire. During that period, negotiators plan to address Iran's stockpile of highly enriched uranium and other unresolved points. Iranian Parliament Speaker Mohammad Bagher Ghalibaf said Iran has no trust in guarantees or words from the United States.

U.S. Vice President J.D. Vance stated that President Trump has not yet approved the current draft.

and Proposed Investment Fund Iran's

Revolutionary Guards warned that any renewed conflict would spread beyond the region and cause severe damage to opponents. Iranian officials have also discussed a proposed $300 billion investment fund linked to the draft agreement. Iranian media reported that Tehran wants any enriched uranium transferred to China rather than the United States.

A separate Iranian parliamentary statement said there are no plans to move the material out of the country.

Key Facts

Draft MOU status
Text not finalized, subject to further changes
Proposed fund
$300 billion investment fund under discussion
Ceasefire extension
60-day extension under negotiation
Uranium transfer
Iran proposes transfer to China, not the U.S.

Potential Impact

  1. 01

    Further talks are scheduled during the proposed 60-day ceasefire period.

  2. 02

    Oil prices moved lower following the public statements on the draft agreement.

  3. 03

    Shipping through the Strait of Hormuz remains subject to the extended ceasefire terms.

Transparency Panel

Sources cross-referenced1
Confidence score65%
Synthesized bySubstrate AI
Word count240 words
PublishedMay 29, 2026, 3:43 PM
Bias signals removed2 across 2 outlets
Signal Breakdown
Editorializing 1Loaded 1

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