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

The draft would pause Iranian enrichment for at least 12 years and trigger 30 days of detailed talks, sources said.

  • Iran is evaluating a U.S. proposal to end the almost 10-week war, according to sources, after Axios reported Wednesday on a potential one-page memorandum mediated by Pakistan.
  • President Donald Trump paused 'Project Freedom,' a naval mission to guide ships through the blocked Hormuz Strait, citing 'great progress' in negotiations as the blockade pushed U.S. gasoline prices above $4.50.
  • The proposed memorandum outlines a 30-day period for gradually reopening the Hormuz Strait and lifting U.S. sanctions, with parties negotiating a moratorium on uranium enrichment of at least 12 years.
  • Global oil prices plunged more than 10% to around $98 a barrel Wednesday on the news, while Iranian officials rejected the proposal as 'excessive and unrealistic,' and Secretary of State Marco Rubio called the situation 'highly complex and technical.'
  • Trump warned that if negotiations fail, 'the bombing starts' at higher intensity, while Foreign Minister Wang urged continued talks at a Beijing meeting, and Trump is scheduled to discuss the conflict with President Xi Jinping on May 14.
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Iran is considering a US proposal to end the war, followed by negotiations; the main points of contention remain unresolved.

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Right

Markets rise and oil falls due to optimism about the outcome of the negotiations - The Strait of Hormuz and the nuclear program are in focus

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Bias Distribution

  • 52% of the sources are Center
52% Center

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