Iran war day 86: Trump announces potential deal amid ‘cloud of mistrust’

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Trump announces advancement connected Iran bid deal, signalling the Strait of Hormuz, captious for planetary trade, could reopen soon.

Published On 24 May 2026

United States President Donald Trump says a memorandum of knowing connected an statement with Iran has been “largely ⁠⁠negotiated” and would reopen the Strait of Hormuz, the captious lipid chokepoint closed since the US and Israel launched their warfare successful February.

Prime Minister Shehbaz Sharif of Pakistan, the mediator successful the talks, said the adjacent circular of negotiations betwixt the US and Iran volition hap “very soon”.

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Pakistani ⁠⁠Foreign ⁠⁠Minister Ishaq Dar said connected Sunday that  “meaningful progress” ⁠⁠had been achieved, offering grounds for optimism that a affirmative ‌‌and durable result is wrong reach.

However, Iran’s Fars News Agency pushed backmost connected immoderate of Trump’s claims, reporting that the draught statement would permission Iran successful complaint of the strait and calling Trump’s assertions “inconsistent with ⁠⁠reality”.

Meanwhile, Israeli Prime Minister Benjamin Netanyahu is expected to clasp a information furniture gathering this evening to sermon the imaginable deal, Israeli media reported.

Here is what we know:

In the US:

  • Trump posted connected societal media that the emerging statement would reopen the Strait of Hormuz, the captious shipping transition whose closure has sparked a planetary vigor crisis. He did not accidental what other would beryllium included successful an agreement.
  • In a station connected his Truth Social platform, the US president described the statement arsenic a “Memorandum of Understanding pertaining to PEACE” that was inactive “subject to finalization” betwixt the US, Iran and “various different Countries”, adding that each “Final aspects and details of the Deal are presently being discussed, and volition beryllium announced shortly”.
  • Trump said the advancement followed calls with Israel and cardinal determination allies and “the Strait of Hormuz volition beryllium opened,” offering imaginable alleviation to planetary vigor markets.
  • “Significant progress” has been made connected resolving the concern successful the Strait of Hormuz, US Secretary of State Marco Rubio said connected a sojourn to India. The apical US diplomat besides accused Iran of sponsoring “terrorism” crossed the satellite and reiterated that Tehran indispensable ne'er person a atomic weapon.

In Iran:

  • Ministry of Foreign Affairs spokesperson Esmaeil Baghaei noted “a inclination towards rapprochement” with Washington but said “it does not needfully mean that we and the United States volition scope an statement connected the important issues”.
  • “Our volition was archetypal to draught a memorandum of understanding, a benignant of model agreement,” helium said connected authorities television.
  • Baghaei added that helium hoped the details of a last statement could beryllium worked retired “within a tenable timeframe betwixt 30 to 60 days” aft the archetypal model was complete.
  • The ⁠⁠naval blockade indispensable ⁠⁠be wholly lifted wrong 30 days, Tasnim reported, citing the projected memorandum ⁠⁠of knowing (MoU), adding that astatine slightest portion of Iran’s frozen funds ‌‌must beryllium released successful the archetypal phase.
  • Iranian President Masoud Pezeshkian said nary determination volition beryllium made connected a woody with the US without the support of Supreme Leader Mojtaba Khamenei.
  • Al Jazeera’s Tohid Asadi, reporting from Tehran, said it was “too early” to framework the MoU arsenic a “victory”. “There is inactive a unreality of mistrust from Tehran’s vantage constituent pertaining to the United States,” helium said. “Whether this is going to extremity up arsenic a long-lasting solution oregon different circular of confrontation – it’s thing that we person to support waiting on.”
  • Iran are moving their World Cup grooming basal to Mexico aft football’s satellite governing body, FIFA, approved a petition to transportation it from Tucson, Arizona, the caput of Iran’s shot federation said.

In Lebanon

  • The Lebanese Civil Defence bureau said its determination installation successful the confederate metropolis of Nabatieh has been destroyed by an Israeli strike.
  • An Israeli worker was killed adjacent the borderline with Lebanon, taking to 22 the fig of soldiers killed successful the warring with Hezbollah since March 2 contempt a alleged ceasefire that came into effect connected April 22.
  • Hezbollah main Naim Qassem received a connection from Iranian Foreign Minister Abbas Araghchi, saying the latest connection done Pakistani mediators aimed astatine ending the warfare emphasised “the request to see Lebanon” successful the broader ceasefire.
  • Lebanon’s Ministry of Public Health said Israeli attacks person killed 3,123 radical since March 2, the time the warfare betwixt Israel and Hezbollah escalated again.

In Gaza

  • A predawn Israeli aerial onslaught killed 3 members of a Palestinian family, including a one-year-old boy, successful cardinal Gaza, Al-Aqsa Martyrs Hospital said.
  • British and Irish activists from the Gaza-bound Global Sumud Flotilla who were abducted successful planetary waters and subsequently deported by Israel, returned to London and Dublin.

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