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What we know about a possible agreement with Iran · THE DAILY BRIEF

• 0:00
  Speaker 1: Hi, thank you for joining US.
• 0:01
  Speaker 2: President Trump says the US is closer than ever to
• 0:04
  Speaker 2: an agreement with Iran.
• 0:05
  Speaker 1: The President announced in a truth social post.
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  Speaker 2: Today quote based on the fact that discussions with the
• 0:11
  Speaker 2: Islamic Republic of Iran have been brought to the highest
• 0:13
  Speaker 2: level of Iranian leadership and approved, I have, as President
• 0:17
  Speaker 2: of the United States of America, canceled the scheduled strikes
• 0:20
  Speaker 2: and bombings against Iran this evening. Discussions and final points
• 0:23
  Speaker 2: have been in both concept and great detail, approved by
• 0:26
  Speaker 2: all parties involved. The agreement is not final, but President
• 0:30
  Speaker 2: Trump said in the Oval Office there could be a
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  Speaker 2: signing ceremony as early as this weekend. The President's made
• 0:36
  Speaker 2: similar claims about the war before.
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  Speaker 1: He was asked today, what makes this time different?
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  Speaker 3: Because they've taken a pounding. They've taken a pounding like
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  Speaker 3: very few people could take, and they want to make
• 0:48
  Speaker 3: the deal a lot more than I do. And we
• 0:52
  Speaker 3: could have had it done the other way, I guess,
• 0:53
  Speaker 3: but it would have taken longer.
• 0:56
  Speaker 2: These new developments come one day after the US military
• 0:59
  Speaker 2: launched another round of what it described as self defense
• 1:01
  Speaker 2: strikes on Iranian facilities.
• 1:03
  Speaker 1: We have team coverage on this story.
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  Speaker 2: CBS News correspondent Natalie brand is at the White House.
• 1:07
  Speaker 2: CBS News pending on reporter Eleanor Watson is in our
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  Speaker 2: Washington bureau, Saidentalie.
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  Speaker 1: Let's start with you. What do we know about this
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  Speaker 1: potential agreement, Hi, lindsay Will.
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  Speaker 4: The President called this a great settlement of the war,
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  Speaker 4: but also noted it is subject to finalization. As you noted,
• 1:23
  Speaker 4: the President saying that could happen over the next few days,
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  Speaker 4: with a signing ceremony, he says, in Europe as early
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  Speaker 4: potentially as this weekend.
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  Speaker 1: He also said that once.
• 1:34
  Speaker 4: Signed, the Strait of Hormus would be immediately reopened, and
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  Speaker 4: then in turn, the US naval blockade on Iranian linked
• 1:42
  Speaker 4: ships would be lifted.
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  Speaker 5: But it is.
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  Speaker 4: Important to note that diplomatic sources speaking to CBS News
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  Speaker 4: is Margaret Brennan, say that this initial memorandum of understanding,
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  Speaker 4: if signed, would then lead to a sixty day period
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  Speaker 4: of Phase two of talks really which get into the
• 2:00
  Speaker 4: details the complex details of an agreement between the US
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  Speaker 4: and Iran that pertains to the future of Iran's nuclear program.
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  Speaker 4: According to the sources, Iran would potentially commit to a
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  Speaker 4: moratorium or lockout of around fifteen to twenty years, during
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  Speaker 4: which Iran would not enrich uranium. The President note previously
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  Speaker 4: said that he wanted a permanent and total ban, not
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  Speaker 4: just a moratorium.
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  Speaker 1: Now.
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  Speaker 4: In exchange, Iran would receive financial relief staggered over time
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  Speaker 4: depending on compliance with an agreement. But in the Oval today,
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  Speaker 4: the President said, in his view, this deal would ensure
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  Speaker 4: that Iran does not get a nuclear weapon.
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  Speaker 1: Lindsey, what are you going to be watching for in
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  Speaker 1: the next few hours and days. So we'll be.
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  Speaker 4: Closely watching in the next couple of days if this
• 2:50
  Speaker 4: signing agreement comes to fruition, he says, if it happens
• 2:53
  Speaker 4: this weekend, then he would send the Vice President jd Vance.
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  Speaker 4: Of course, the President has this big UFC fight here
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  Speaker 4: at the White House on Sunday, and then you know
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  Speaker 4: that kicks off.
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  Speaker 1: If that happens.
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  Speaker 4: There's this really complicated next phase of technical talks that
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  Speaker 4: are going to go on for a couple of months,
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  Speaker 4: and sources telling Margaret that the time period could even
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  Speaker 4: be extended, you know, depending on these.
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  Speaker 1: How these talks go.
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  Speaker 4: And already, lindsay, some lawmakers over on Capitol Hill are
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  Speaker 4: signaling that they want oversight or review of a potential.
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  Speaker 1: Nuclear agreement with Iran.
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  Speaker 4: Notably Trump ally Lindsey Graham says that in agreement reached
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  Speaker 4: with Iran on nuclear issues must be presented to Congress
• 3:35
  Speaker 4: for review and approval.
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  Speaker 2: Lindsay, Natalie Brand, thank you, CBS Newspending On Reporter Eleanor
• 3:42
  Speaker 2: Watson joins US. Now, so the President says we've got
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  Speaker 2: an agreement. Just yesterday, the US was striking Iran. Can
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  Speaker 2: you walk us through what's been happening in the region
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  Speaker 2: the last couple days.
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  Speaker 5: A Lindsey, there have been two nights of strikes in
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  Speaker 5: a row of US strikes against Iran that were triggered
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  Speaker 5: by the downing of the Apache helicopter on Monday. The
• 4:00
  Speaker 5: strikes have been bigger than the usual tit for tat
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  Speaker 5: violations of the ceasefire we've seen over the past two months.
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  Speaker 5: Last night, strikes, according to the military, hit across Iran,
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  Speaker 5: hitting targets like surveillance capabilities, communication nodes, and air defense systems.
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  Speaker 5: The President, as you mentioned, announced another round of strikes
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  Speaker 5: for tonight, but called them.
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  Speaker 1: Off hours later.
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  Speaker 5: Just hours later after he says there is some diplomatic
• 4:26
  Speaker 5: progress towards actually ending the war.
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  Speaker 2: For announcing the potential deal, President Trump said he was
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  Speaker 2: interested in taking Iran's Carg Island.
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  Speaker 1: Can you explain what the significance of that would be.
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  Speaker 5: This is a renewed threat from President Trump. He's talked
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  Speaker 5: about this before, and that's because Carg Island is key
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  Speaker 5: to Iran's economy. It's where ninety percent of Iran's oil
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  Speaker 5: exports flow through. The US has hit military targets on
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  Speaker 5: Carg Island before, but has stayed away from attacking any
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  Speaker 5: of the oil infrastructure. When the President threatens taking Carg Island,
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  Speaker 5: that leaves open the door for attacking it from the air,
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  Speaker 5: but also potentially putting troops on the ground through an
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  Speaker 5: amphibious landing of some sort. But remember Carg Island is
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  Speaker 5: deep inside the Persian Gulf. You'd have to get through
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  Speaker 5: the dangers of the Strait of Hormuz, and the island
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  Speaker 5: is only fifteen miles from the coast of Iran, so
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  Speaker 5: it's still threatened by the cruise missiles, the drones, and
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  Speaker 5: the fast attack boats that Iran still has, and that
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  Speaker 5: means any mission to seize it would potentially risk some casualties.
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  Speaker 1: Okay, Eleanor Watson, thank you,