US and Iran ‘very close’ to deal but ‘not there yet’, Vance says

The US and Iran still need to work out several sticking points before an agreement on the war can be reached, Vice-President JD Vance has said.

Asked by the BBC if President Donald Trump was close to signing a deal, Vance said it was too early to say “when or if” the two sides would finalise an agreement.

Earlier on Thursday, US officials told the BBC that, pending the approval of Trump and Iran’s leadership, the two countries had agreed a framework of a deal that would extend their ceasefire for 60 days and launch talks on the future of Iran’s nuclear programme.

But there were conflicting reports from Tehran, with semi-official Tasnim news agency reporting the deal had not been finalised or confirmed.

Vance said negotiators were “going back and forth on a couple of language points”, which include the “question of enrichment”.

“We’re not there yet, but we’re very close and we’re going to keep on working at it,” he told reporters in Washington.

The US has long demanded that Iran stop producing highly enriched uranium and dispose of its existing stockpile, which in theory could be used to create nuclear weapons. The demand has become one of the key sticking points in negotiations.

Since the initial ceasefire between the US and Iran came into effect on 8 April, Trump has suggested – repeatedly – that the two sides are close to a deal and that negotiations are progressing, but so far there have been no substantive results.

Trump and other officials have warned that “option B” – a return to combat operations – remains on the table.

Extending the ceasefire, meanwhile, would allow US and Iranian teams to discuss the far more complicated and technical issues at play, particularly about Iran’s nuclear programme and its remaining stockpile of highly enriched uranium.

Trump had suggested that US could take it, or, together with Iran, dilute it in place or in a third location.

Reports say the deal could allow “unrestricted” passage through the Strait of Hormuz, and that Iran would have 30 days to remove mines from the narrow shipping passageway.

The US would also lift its blockade, and issue sanction waivers to allow Iran to resume selling oil.

Axios, which first reported a tentative agreement between the US and Iran on Thursday, said that Trump had been briefed on the proposal but did not immediately sign off on it and would take a couple of days to consider it.

On Wednesday, Iranian state media reported elements of what they described as an unofficial draft of a 14-point memorandum of understanding between the two countries.

The report included the lifting of Washington’s naval blockade of Iranian ports, the withdrawal of US forces from the “vicinity of Iran”, and the restoration of non-military traffic through the Strait of Hormuz with Iran and Oman in control of the management and routing of vessels.

The White House called the purported memorandum draft a “complete fabrication”.

One-fifth of the world’s liquefied natural gas and oil normally pass through the Strait of Hormuz, and its closure has impacted global fuel trade.

Leading the White House briefing earlier on Thursday, Treasury Secretary Scott Bessent declined to confirm that an agreement had been reached.

“It’s always a mistake to get out ahead of the president,” he said, “and it is all going to be the president’s decision”.

Asked about whether any eventual peace deal includes “reconstruction” for Iran, he said: “‘We’ve got to get to the deal before we get to the other side.”

Meanwhile, both Iran and the US have accused each other of violating the fragile ceasefire in the past few days.

Iran’s Islamic Revolutionary Guard Corps (IRGC) said it targeted a US base in the region on Thursday, after fresh US strikes on southern Iran overnight.

On Wednesday, Iranian state media reported elements of what they described as an unofficial draft of a 14-point memorandum of understanding (MOU) between the two countries.

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