U.S.-Iran peace deal emerging, while war threats still loom

Here is the latest breaking news from around the world: -Iran peace deal emerging, while war threats still loom May 25, 20266:16 AM ET By Jane Arraf Vessels are anchored off the coast of Sharjah in the United Arab Emirates on May 21, 2026. via Getty Images hide caption toggle caption via Getty Images President Trump and other administration officials are tempering expectations raised of an imminent agreement to end the war in Iran while Iranian officials have signaled there are still disagreements on key issues. Trump, after saying Saturday that the U.

and Iran had "largely negotiated" a memorandum of understanding that would reopen the Strait of Hormuz, said Sunday in a series of posts in social media that the U. would not rush into any agreement. Sponsor Message Politics What will Trump do next with Iran?

The Details

"If I make a deal with Iran, it will be a good and proper one," adding: "So don't listen to the losers, who are critical about something they know nothing about," Trump posted on Sunday. Speaking in New Delhi, U. Secretary of State Marco Rubio said Monday, the United States would "give diplomacy every chance to succeed before we explore the alternatives.

" Iran has not officially commented on the proposed agreement. But semi-official news agencies, often used for Iranian leadership messaging, have said that disputes over "one or two" issues were jeopardizing the potential deal. On Monday, Tasnim news agency, close to Iran's Revolutionary Guard Corps, accused the U.

of "obstructionism" over the release of some frozen Iranian funds in exchange for lifting restrictions over transit through the Strait of Hormuz. The news agency also said the agreement being negotiated called on Iran to restore the number of ships transiting through the vital waterway to pre-war levels within 30 days and for the U. to completely lift its blockade within the same time.

What Experts Say

Another state-backed agency, ISNA, said Iran would insist on administering the strait along with Oman. The two countries share the narrow waterway, with the transit passage governed by the U. Sponsor Message The U.

and Israel attacked Iran on Feb. 28, sparking a regional war that for the first time spread to U. allies in the Gulf including Saudi Arabia and the United Arab Emirates.

military bases and energy infrastructure in those countries in retaliation for U. A ceasefire was agreed in April. Several thousand Iranians were believed killed in the U.

The story has become one of the most prominent items on the global agenda.