US President Donald Trump announced on May 24, 2026, that an agreement between Washington, Tehran, and several regional partners including Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain had been 'largely negotiated', with formal details to follow. The proposed memorandum of understanding would reopen the Strait of Hormuz, closed to most shipping since the US-Israel war on Iran began on February 28, and initiate talks aimed at formally ending the conflict. Iranian officials, however, said major disagreements remained over the Strait, Iran's nuclear programme, and Tehran-backed groups in Lebanon.
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