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Iran's top envoys discussing potential peace deal with Qatar prime minister, official says

The delegation is seeking a framework that could reopen the strait, ease sanctions and settle the fate of Iran’s enriched uranium stockpile.

  • On Monday, Parliament Speaker Mohammad Bagher Ghalibaf led a high-level Iranian delegation to Qatar, accompanied by Foreign Minister Abbas Araghchi, to negotiate frozen assets and issues related to the Strait of Hormuz.
  • Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani met US officials earlier this month to advance negotiations, as disruptions to the Strait of Hormuz—which carries nearly one-fifth of global oil and natural gas supplies—have intensified regional pressure.
  • Disagreement over frozen assets blocks progress: Iranian officials claim $12 billion while international outlets previously reported $6 billion transferred from South Korea in 2023, with the exact amount remaining the only immediate obstacle to the Memorandum of Understanding.
  • President Trump rejected transferring cash to Tehran on Fox News, while the proposed 'Islamabad Declaration' would establish a 60-day ceasefire extension contingent on Hezbollah's behavior, with a US official telling Axios it would not be 'one-sided.'
  • The broader deal framework includes US sanctions waivers on Iranian oil and mutual commitments not to attack regional allies, though nuclear capabilities and enriched uranium issues would remain largely under negotiation pending approval from Iran's Supreme National Council and Mojtaba Khamenei.
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In preparation for a peace agreement in the Middle East, senior Iranian officials moved to Qatar on Monday for talks. At the same time, Donald Trump raised the stakes by calling on Qatar and Saudi Arabia to normalize their relations with Israel. Follow our direct.

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About 24,000 million dollars of frozen Iranian funds in the foreign country must be released under a memorandum of understanding that is being negotiated with the United States, said a source close to the negotiating team of Teheran, the Iranian news agency Tasnim. The agency pointed out that Iran's chief negotiator, Mohamad Baqr Qalibaf, had traveled to Qatar to reach an agreement on a mechanism to meet this demand. Iran's Revolutionary Guard C…

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The Straits Times broke the news in Singapore on Monday, May 25, 2026.
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