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Trump says Iran deal ‘very possible’ following ‘very good’ talks in past 24 hours

Trump said talks over the past 24 hours were very good as negotiators weigh a one-page memorandum that could end the conflict.

  • President Donald Trump threatened escalated bombing on Thursday if Iran rejects a U.S. proposal to end the conflict and reopen the Strait of Hormuz. Iranian officials confirmed they are reviewing the latest American proposal.
  • The Strait of Hormuz closure has crippled global shipping, costing Hapag-Lloyd around $60 million per week in rising fuel and insurance costs while Brent crude oil stabilized near $100 a barrel.
  • Pakistan's Foreign Ministry spokesperson Tahir Andrabi reported Thursday that diplomatic contact remains continuous, saying "we hope the settlement will be soon rather than later." Wednesday, U.S. forces shot an Iranian oil tanker's rudder during a blockade attempt.
  • The United States is pressing China to urge Iran toward a settlement as Iranian Foreign Minister Abbas Araghchi met officials in Beijing discussing nuclear programs and sanctions imposed on Tehran.
  • Trump is scheduled to meet Chinese President Xi Jinping at a high-profile summit on May 14-15, where security implications of the Iranian conflict are expected to remain a central discussion point.
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According to the leaked details, the memorandum proposes to declare the end of the war and start a period of one month to negotiate the key issues that divide Washington and Tehran.

·Madrid, Spain
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arcamax.com broke the news on Wednesday, May 6, 2026.
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