India, May 24 -- Conflicting statements emerge with a flurry of activities on both sides on Saturday as the tensions between United States and Iran are "very far", but also "very close" to resolution, according to Tehran's foreign ministry spokesperson.

While regional officials indicated that Washington and Tehran are close to agreeing on a memorandum to end the war, US President Donald Trump said it was a "solid 50/50" on whether they would resume fighting or reach a deal. However, Trump later told CBS that both sides were "getting a lot closer" to agreement.

A Financial Times report citing sources suggested that the US and Iran are currently negotiating a 60-day ceasefire extension and attempting to establish a framework for nuclear t...