Negotiations are taking place mediated by Pakistan and Qatar, with representatives from both countries traveling to Iran in recent days. Iranian Foreign Ministry spokesman Esmaeil Baghaei confirmed that the countries are in the "final phase" of drafting a 14-point memorandum that would include reopening the Strait of Hormuz — blocked by Iran since the conflict began on February 28, 2026.
Press quotes (2)
"Earlier in the day, Trump told Axios that he expected to decide Sunday whether to resume attacks on Iran. "Either we reach a good deal or I'll blow them to a thousand hells," Axios quoted him as saying."
"Trump posted on social media that the emerging agreement would reopen the Strait of Hormuz, the vital shipping passage whose closure upended global energy markets after the conflict started when the U.S. and Israel launched Feb. 28 strikes on Iran. Trump did not say what else would be included in an agreement. "Final aspects and details of the Deal are currently being discussed, and will be announced shortly," he said."
Trump set decision deadline for May 24, 2026
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (1)
Conflicting versions (1)
Control of Strait of Hormuz
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What are the 14 specific points of the memorandum of understanding under discussion?
Why it's still unknown: The Iranian spokesman mentioned a 14-point memorandum, but only some elements have been disclosed publicly
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Why do US arms control experts consider special envoy Steve Witkoff ill-prepared for negotiations?
Why it's still unknown: Technical analyses point to lack of expertise, but Brazilian sources did not cover this criticism of the US negotiator
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What is the position of Iranian Revolutionary Guard leaders on a possible agreement?
Why it's still unknown: US experts indicate the Revolutionary Guard may categorically reject a nuclear deal, but this Iranian internal dynamic was not reported by sources