Iran Reviewing US MOU Proposal — Trump Says 'Very Good Talks' and Deal 'Very Possible,' Threatens Worse Bombing — Day 69

Iran's Foreign Minister Araghchi said on May 7, 2026 — Day 69 — that Tehran was 'finalising its views' on the US memorandum of understanding (MOU) proposal, which calls for a 12–15 year enrichment moratorium, gradual sanctions relief, and a 30-day timeline for Hormuz reopening. Rubio expected a formal Iranian response by Friday, May 8. Trump struck his characteristic dual posture: declaring 'very good talks over the last 24 hours' and that 'it's very possible that we'll make a deal,' while simultaneously threatening that Iran would be bombed 'a lot harder, and a lot more violently' if no deal was reached — calling overnight skirmishes in the Strait a 'love tap' and warning of 'one big glow coming out of Iran.' The Hill reported the US MOU framework's key terms: Iran commits to an enrichment moratorium, the US lifts sanctions and releases frozen assets, both sides lift Hormuz transit restrictions within 30 days of signing, and a 30-day negotiation window opens for a follow-on comprehensive nuclear and Hormuz governance deal. Iran's ballistic missile program and regional proxy networks were notably excluded from the MOU. Iran's parliament remained hostile: the speaker mocked the process, calling it 'Operation Trust Me Bro.' Iran's Foreign Ministry stated: 'At this stage, we do not have nuclear negotiations.' Rubio met Pope Leo XIV at the Vatican on May 7 to discuss the conflict.