Iran's expected to respond to the US's proposal to end the conflict sometime today.  

Yesterday, Axios reported a one-page 14-point memorandum of understanding was being discussed to formally end the war.  

The memo aims to set up negotiations for limiting Iran's nuclear capabilities, releasing billions-of-dollars in frozen assets, and reopening the Strait of Hormuz. 

US Correspondent Simon Marks told Mike Hosking the reported content of the memo sounds very similar to the previous deal with Iran that was criticised by Donald Trump. 

In the meantime, the US has confirmed it has struck Iranian targets. 

US Central Command saying its forces intercepted unprovoked Iranian attacks which included missiles, drones and small boats. 

It says it responded with defence strikes against the inbound threats and targeted missile and drone launch sites, along with command and control locations. 

Iran is accusing the US of violating the ceasefire and targeting an Iranian oil tanker moving through the Strait of Hormuz.   

Its state broadcaster reports aerial attacks were carried out along the coast and Iran immediately responded by attacking US military vessels. 

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