Axios report suggests breakthrough framework to end conflict and restart nuclear talks.

May 6, 2026: United States is reportedly close to reaching an agreement with Iran to reopen the Strait of Hormuz and bring an end to the ongoing conflict, according to a report by Axios citing American officials.

The proposed understanding is said to be a concise, one-page framework that would lay the groundwork for broader negotiations, particularly on nuclear issues. As part of the deal, Iran is expected to agree to a temporary halt on nuclear enrichment, while the US would consider releasing billions of dollars in frozen Iranian assets.

If finalised, the agreement could mark a significant diplomatic breakthrough, easing regional tensions and ensuring stability in one of the world’s most critical energy transit routes.