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Trump: Iran Peace Deal Near, Eyes Hormuz and Nukes

The U.S. and Iran are finalizing a 60-day cease-fire to reopen the Strait of Hormuz toll-free and begin negotiations on Tehran's nuclear program, President Trump announced.

Newsroom
Newsroom Staff Writer
MAY 24, 2026 AT 3:41 PM

President Donald Trump announced Saturday that both nations are preparing final details on a memorandum of understanding focused on peace. The agreement is being developed in coordination with key regional allies including Saudi Arabia and the United Arab Emirates.

Strait of Hormuz to Reopen Under Cease-Fire Terms

The Trump-brokered deal would guarantee free passage through the Strait of Hormuz for the duration of the 60-day cease-fire period. Iran has committed to removing mines it deployed in the vital shipping lane and permitting vessels to transit without fees or interference, as New York Post reports.

In exchange, Washington would lift its naval blockade of Iranian ports and waive certain economic sanctions, allowing the Islamic Republic to resume oil exports.

Nuclear Program at Center of Negotiations

American officials told major outlets that Iran would pledge never to pursue nuclear weapons, halt uranium enrichment activities, and agree to the removal of its enriched uranium stockpile.

However, Iranian officials disputed this characterization, stating that no nuclear agreement has been finalized and that the weapons program would be the subject of negotiations throughout the cease-fire period.

Trump has identified eliminating Iran’s nuclear capability as a core objective of the cease-fire talks, asserting that preventing the regime from obtaining nuclear weapons justifies the conflict’s costs.

Implementation and Duration

Both nations would sign a memorandum of understanding valid for 60 days, with provisions for extension by mutual agreement. American military forces deployed to the region in recent months would maintain their positions throughout the initial period, withdrawing only if a comprehensive final agreement is reached.

The proposed deal also requires an end to the conflict between Israel and Hezbollah, Iran’s proxy terror organization operating in Lebanon.

Final Stage of Negotiations

A spokesman for Iran’s foreign ministry confirmed that Washington and Tehran have entered the final stage of drafting the agreement, suggesting both sides may be able to reach a mutually acceptable solution.

The breakthrough represents a significant diplomatic development after months of escalating tensions in the Persian Gulf region.

With information from New York Post

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President Donald Trump announced Saturday that both nations are preparing final details on a memorandum of understanding focused on peace. The agreement is being developed in coordination with key regional allies including Saudi Arabia and the United Arab Emirates.

Strait of Hormuz to Reopen Under Cease-Fire Terms

The Trump-brokered deal would guarantee free passage through the Strait of Hormuz for the duration of the 60-day cease-fire period. Iran has committed to removing mines it deployed in the vital shipping lane and permitting vessels to transit without fees or interference, as New York Post reports.

In exchange, Washington would lift its naval blockade of Iranian ports and waive certain economic sanctions, allowing the Islamic Republic to resume oil exports.

Nuclear Program at Center of Negotiations

American officials told major outlets that Iran would pledge never to pursue nuclear weapons, halt uranium enrichment activities, and agree to the removal of its enriched uranium stockpile.

However, Iranian officials disputed this characterization, stating that no nuclear agreement has been finalized and that the weapons program would be the subject of negotiations throughout the cease-fire period.

Trump has identified eliminating Iran’s nuclear capability as a core objective of the cease-fire talks, asserting that preventing the regime from obtaining nuclear weapons justifies the conflict’s costs.

Implementation and Duration

Both nations would sign a memorandum of understanding valid for 60 days, with provisions for extension by mutual agreement. American military forces deployed to the region in recent months would maintain their positions throughout the initial period, withdrawing only if a comprehensive final agreement is reached.

The proposed deal also requires an end to the conflict between Israel and Hezbollah, Iran’s proxy terror organization operating in Lebanon.

Final Stage of Negotiations

A spokesman for Iran’s foreign ministry confirmed that Washington and Tehran have entered the final stage of drafting the agreement, suggesting both sides may be able to reach a mutually acceptable solution.

The breakthrough represents a significant diplomatic development after months of escalating tensions in the Persian Gulf region.

With information from New York Post