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Iran and U.S. Play Down Hopes for Imminent Breakthrough in War

Both sides say most issues are settled, but U.S. officials and Iran warn key disputes over uranium and sanctions still block a final agreement.

  • The United States and Iran have established a framework for potential peace talks, though officials on Monday played down expectations of an imminent agreement.
  • A tenuous ceasefire has held since early April, yet the Strait of Hormuz remains mostly closed to tanker traffic, blocking a critical chokepoint that previously handled about 20% of global oil flows.
  • Oil prices dipped below $100 per barrel on Monday, reflecting market optimism as the proposed framework would grant negotiators 60 days to reach a final deal.
  • Secretary of State Marco Rubio described the negotiations as a "work in progress" on Monday, while Iran's foreign ministry spokesperson Esmaeil Baghaei noted the countries are not currently discussing nuclear issues.
  • The U.S. will explore "alternatives" if diplomacy fails, as both nations remain at odds over Iran's nuclear ambitions and the release of frozen oil revenues.
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Center

On Monday, the U.S. and Iran downplayed the hopes of imminent progress towards the end of the war, although the peace talks seemed to continue. The two countries are working on an agreement that would dissipate the war in the Middle East by reopening the Strait of Ormuz, a vital maritime road for the transport of oil and gas that Iran has de facto blocked. But there are still many uncertain things about the agreement. One of the key issues is th…

Lean Left

Despite negotiations, energy instability persists. An agreement between the US and Iran is not inevitable, despite ongoing negotiations and discussions of key parameters, RBC-Ukraine reports, citing a Reuters report. Read also: The US and Iran have issued radically different statements on the negotiations. According to Iranian Foreign Ministry spokesman Ismail Baghaei, the two sides have made progress on a number of fronts during their talks, bu…

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Aydınlık broke the news in Türkiye on Sunday, May 24, 2026.
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