A potential agreement between the US and Iran is progressing, with Iran agreeing to dismantle its enriched uranium stockpiles. The deal, outlined in a memorandum, stipulates a 60-day timeframe for both nations to finalize the terms. Alongside the uranium reduction, the US is set to lift sanctions against Iran and establish a $300 billion fund. This development also coincides with the cessation of hostilities in Lebanon, suggesting a broader regional de-escalation effort. The memorandum contains 14 points outlining the conditions of the agreement. This represents a significant step towards resolving tensions and potentially reviving the 2015 nuclear deal. Further details regarding the fund’s management and the verification process for uranium dismantling remain to be disclosed.