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Iran War: Peace Deal, Reopening Strait of Hormuz Is 'Largely Negotiated'

Officials say the draft memorandum would give Iran 60 days to curb enriched uranium and reopen a waterway carrying about 20% of global oil.

  • The Trump administration is drafting a memorandum of understanding with Iranian officials on peace plan principles, with reopening the Strait of Hormuz—which transports about 20% of global oil—as a key component. Trump said negotiations were 'proceeding nicely' on May 25 but threatened renewed warfare if no deal is struck.
  • Trump raised Iran negotiations in a May 23 call with foreign leaders, while Secretary of State Marco Rubio told reporters in New Delhi on May 24 that the U.S. would exhaust diplomacy before exploring 'alternatives,' following an Iranian girls' school bombing that killed more than 150 people in mid-March.
  • The deal framework includes Iran surrendering enriched uranium within 60 days; Iran's Fars news agency reported negotiations center on mutual non-attack pledges between the U.S., allies, and Iran-backed Hezbollah, while Trump positioned the agreement as opposite the 2015 Obama-era nuclear deal.
  • In a Truth Social post, Trump invited Middle East leaders including Saudi Arabia, Qatar, Pakistan, Turkey, Egypt, and Jordan to join the Abraham Accords with Iran, though he said 'one or two' countries might have acceptable reasons to abstain; Hezbollah's secretary-general Naim Qassem expressed optimism for a full ceasefire.
  • Questions about Trump's authorship of Saturday's announcement emerged after analyst Trita Parsi, an Iranian-Swedish writer and co-founder of the Quincy Institute for Responsible Statecraft, noted the post's polished language and accurate world leader details; Parsi suggested delegating authorship shields Trump from right-wing pressure to abandon talks.
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TrendingPolitics broke the news on Sunday, May 24, 2026.
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