U.S.-Iran memorandum of understanding likely to be signed next week

TL;DR

A U.S.-Iran memorandum of understanding is anticipated to be signed early next week, initiating further diplomatic negotiations.
The agreement includes demining and opening the Strait of Hormuz, with Iran potentially halting uranium enrichment for 15-20 years.
In exchange, Iran would receive staggered financial relief, sequenced with compliance.
U.S. intelligence does not believe Iran possesses or seeks a nuclear weapon, but acknowledges its pursuit of being at the threshold.
Conflicting reports exist, with Iranian sources denying approval of an initial memorandum.
The deal may involve UN inspectors disposing of nuclear material and inspecting sites, following past U.S. and Israeli bombings of nuclear facilities.
The memorandum also addresses the conflict in Lebanon involving Hezbollah.
Secretary of State Marco Rubio outlined parameters including reopening the Strait of Hormuz and negotiating limitations on enrichment activity, with sanctions relief contingent on compliance.

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