US-Iran peace deal negotiations and Strait of Hormuz reopening
Consensus Summary
US President Donald Trump announced on 2026-05-24 that a memorandum of understanding to end the war with Iran has been largely negotiated, with the Strait of Hormuz set to reopen and a 60-day ceasefire extension. The war began on 2026-02-28 after US-Israeli air strikes, and a ceasefire has been in effect since 2026-04-08. Key sticking points include Iran’s control over the Strait of Hormuz, the fate of its 440.9 kilograms of 60% enriched uranium, and the release of frozen Iranian assets. While Trump and US officials claim Iran has agreed to major concessions, Iranian leaders deny any final deal and insist the strait will remain under their control. Pakistan continues to mediate, and US Vice President JD Vance and Secretary of State Marco Rubio have signaled progress, though Israeli Prime Minister Benjamin Netanyahu remains opposed to any agreement that does not eliminate Iran’s nuclear capabilities. The US insists on a toll-free strait and uranium surrender, while Iran demands sanctions relief and asset releases before further negotiations on nuclear issues.
✓ Verified by 2+ sources
Key details reported by multiple sources:
- US President Donald Trump announced on 2026-05-24 that a memorandum of understanding (MoU) to end the war with Iran 'has been largely negotiated' and the Strait of Hormuz will be opened as part of the deal.
- The war between the US, Israel, and Iran began on 2026-02-28 with joint US-Israeli air strikes on Iran's navy, air force, and weapons stocks.
- A ceasefire between the US, Israel, and Iran began on 2026-04-08 and remains in effect.
- Iran has 440.9 kilograms of uranium enriched to 60% purity, a short technical step from weapons-grade levels of 90%.
- Pakistan's army chief, Field Marshal Asim Munir, visited Tehran earlier in the week to meet with Iranian leaders and played a key mediating role in the talks.
- Iranian Foreign Ministry spokesman Esmaeil Baqaei stated that Iran is working to finalize a memorandum of understanding to end the war, but nuclear issues would be deferred to later negotiations.
- US Secretary of State Marco Rubio said on 2026-05-24 that 'significant progress, although not final progress, has been made' in negotiations.
- Iranian military spokesman Ebrahim Zolfaghari stated that the status of the Strait of Hormuz is not a matter for the US or Gulf countries, saying 'We determine whether the strait is open or closed.'
- Iran's semi-official Tasnim News Agency reported that the US naval blockade on Iranian ports would need to be lifted within 30 days of any agreement.
- US Vice President JD Vance and Defense Secretary Pete Hegseth returned to Washington on 2026-05-24 amid reports of progress in negotiations.
Points of Difference
Details reported by only one source:
- Republican Senator Lindsey Graham called the potential deal a 'nightmare' for Israel and questioned why the war started in the first place.
- White House communications director Steven Cheung rebuked Mike Pompeo, calling him 'stupid' and saying he 'has no idea what the f--- he’s talking about.'
- Iran's semi-official Fars News Agency said Trump's claims about the strait reopening 'diverged from reality' and that it would 'continue to be under Iran’s management.'
- Iran's semi-official Fars News Agency said Trump's claims about the strait reopening 'diverged from reality' and that it would 'continue to be under Iran’s management.'
- Iran's chief negotiator Mohammad-Bagher Ghalibaf warned the US it would face a 'tough response' if hostilities resumed, saying Iran's armed forces had rebuilt themselves during the ceasefire.
- US Secretary of State Marco Rubio met with Indian Prime Minister Narendra Modi in Kolkata to discuss energy supplies and US-Iran tensions.
- Iran's president, Mahmoud Pezeshkian, adopted a more conciliatory tone, thanking Pakistani mediators for their effectiveness toward reaching an agreement.
- Iranian officials signaled defiance after Trump's 2026-05-29 announcement, with Tasnim news agency reporting 'no final understanding had been reached' and calling Trump's post 'in line with his usual pattern of making unilateral and egotistical statements.'
- Iran's Supreme Leader Mojtaba Khamenei told officials not to turn differences into divisions and warned against US-Israel attempts to 'bring the country to its knees.'
- The US Treasury Secretary Scott Bessent threatened sanctions against Oman if it helped impose a toll system in the Strait of Hormuz.
- Iran's deputy foreign minister Ali Bagheri reiterated the demand that frozen assets be released into Iranian bank accounts with no conditions attached.
Contradictions
Conflicting information between sources:
- The Guardian and ABC report that Iran has not agreed to hand over its highly enriched uranium stockpile, while Trump and some US officials claim Iran has expressed willingness to give up its stockpile.
- Iranian media and officials insist the Strait of Hormuz will remain under Iranian control, while US officials claim the strait will be 'completely open' without tolls.
- Trump claims Iran will 'never have a Nuclear Weapon or Bomb' under the deal, but Iranian officials deny any commitment to renounce nuclear weapons or dismantle facilities.
- The Guardian reports that Iran has not agreed to lift tolls on ships passing through the Strait of Hormuz, while US officials claim the strait will be toll-free under the deal.
- Iranian officials say the nuclear issue is not part of the preliminary agreement, while US officials insist it will be a key part of later negotiations.
Source Articles
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