According to two US officials quoted by the New York Times on Saturday night, the emerging deal requires Iran to completely forfeit its dangerous stockpile of highly enriched uranium, which Iran has committed to.

While White House officials declined to comment on the specifics, President Donald Trump confirmed earlier that the United States is rapidly approaching an agreement aimed at concluding the war and restoring shipping access to the vital Strait of Hormuz corridor.

Despite the President's optimistic remarks, details on the ground remain fluid, and substantial diplomatic hurdles persist before a final treaty can be signed.