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details” of a “memorandum of understanding” were still being discussed and “will be announced shortly”, but said the strait of Hormuz would be opened as part of the deal. “An agreement has been largely negotiated
sanctions regime while the US has shown a willingness to work on lifting it in a phased and conditional manner, but differences over how to do this linger. ### **Frozen Iranian assets** The fate of billions
details emerged about what transpired behind closed doors over 21 hours, when a US delegation headed by Vice-President JD Vance met face-to-face in Islamabad with a large contingent of Iranian officials
details of the nuclear file. At this stage, our priority is ending the war,” he said in a weekly press briefing. The latest exchange underscored the fragility of the ceasefire, which has been repeatedly tested
sanctions relief, the future of the Strait of Hormuz and the fate of Iran’s regional allies, including Hezbollah. Here is what we know so far: ## Will Israel play along? It is unclear. The White
US Secretary of State Marco Rubio speaks to journalists before boarding his plane at Indira Gandhi International Airport in New Delhi on May 25, 2026. **Julia Demaree Nikhinson/AFP via Getty Images** Julia Demaree Nikhinson/AFP
detailing a contact channel set up to “avoid incidents and miscommunication” over the Strait of Hormuz. A “deconfliction cell” between the parties and authorities in Lebanon has also been agreed to prevent fighting from erupting
detailed nuclear negotiations. Among the provisions it lists are a suspension on Iranian nuclear enrichment, the lifting of sanctions, and restoring free transit through the Strait of Hormuz. It cites two US officials
oil markets and hard currency, and very high inflation have all squeezed the country and ordinary Iranians. For many families, the question is not whether the agreement sounds like victory, but whether it lowers prices
oil prices – and [compensation](/news/2026/4/15/what-are-irans-100bn-in-frozen-assets-and-where-are-they-held) for wartime damages. The conflict, launched by the US and Israel on February 28, has killed more than 3,000 people in Iran and triggered retaliatory attacks by Tehran
oil prices and talk stock market prices up,” Sayigh said. “But also, I suspect, because he’s preparing the ground for more revelations about what is being negotiated with Iran.” ## Trump says Iran will ‘never
details of a final agreement. Announcing the breakthrough on Sunday, Pakistan's Prime Minister Shehbaz Sharif, whose nation had been mediating, said it included "the immediate and permanent termination of military operations on all fronts
detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others”. The president added that the time and place of the signing
details are negotiated over 30 to 60 days. “The trend this week has been towards a reduction in disputes, but there are still issues that need to be discussed through mediators. We will have
lifting of US sanctions are imperative to rescue the Iranian economy from near-collapse, arguing that the economic situation was the incubator for the protests in January.  and cutting off a crucial source of its revenue. ![epa12918541 Iranians walk past a huge billboard carrying a sentence reading in Persian 'The Strait of Hormuz remains closed' at Enghelab Square in Tehran
oil markets and sent hopes soaring of a breakthrough. But expectations were soon tempered by the US president himself. Iran said on Wednesday it was reviewing a new proposal from Washington, after US media cited
detailed deal that would cover Iran’s nuclear programme. The interim agreement calls for a cessation of hostilities on all fronts, including Lebanon. It has been fiercely criticised by Israeli ministers, officials and commentators
Details of those exchanges remain closely held. On Wednesday afternoon in Islamabad, Pakistani Prime Minister Shehbaz Sharif responded to Trump’s announcement of the pause in the operation to open the Strait of Hormuz, naming