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Source: http://www.ynetnews.com/articles/0,7340,L-3717929,00.html
Obama to Present New Regional Peace Initiative
[Ynet News] Yitzhak Benhorin - President Obama informed Prime Minister Netanyahu that he intends to promote a new regional peace initiative that he will likely present during a planned June 4 speech in Cairo. Netanyahu's meeting with the president lasted for over four hours - an hour and 45 minutes of it a private discussion. Netanyahu said the president "understands" that Iran must not be allowed to obtain military nuclear capability. "There is no green light or red light. There is a principle we agreed on. The important thing said is that there is a commitment to an outcome where Iran does not develop military nuclear power."