PANews reported on May 26 that, according to Xinhua News Agency, citing the Islamic Republic of Iran Broadcasting (IRNA), some foreign media outlets reported that Iran and the United States had reached a 14-point memorandum of understanding, which was "pure fabrication and completely unfounded." The report stated that several hours earlier, some media outlets claimed to have obtained the final draft of the Iran-US memorandum of understanding, which included issues such as opening the Strait of Hormuz, initiating nuclear negotiations, and unfreezing frozen Iranian funds; however, these claims are all untrue.