US, Iran Exchange Proposals for Potential Deal to End Conflict

By: News Desk

On: Thursday, May 7, 2026 6:30 AM

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President Donald Trump has indicated that the United States and Iran are nearing a potential agreement to end their ongoing conflict, following what he described as ‘very good talks’ and the exchange of new proposals. This potential deal, envisioned as a memorandum of understanding, aims to place limits on Iran’s nuclear program and ensure the reopening of the Strait of Hormuz.

Key Proposals and Stance

Trump stated that Iran should suspend its nuclear activities and warned of renewed bombardment if negotiations were to fail. However, Iran’s Foreign Ministry spokesman offered a more cautious perspective, downplaying reports of an imminent agreement. He noted that Tehran is still reviewing the U.S. proposal and is engaged in exchanging diplomatic messages through Pakistan.

Mediation and Potential Agreement Details

Despite some Iranian lawmakers referring to the U.S. proposal as an ‘American wish list,’ sources briefed on the mediation efforts suggest that an agreement on a one-page memorandum to formally end the conflict could be close. This initial agreement would then pave the way for discussions on critical issues such as shipping, sanctions relief, and nuclear curbs.

Related Incidents and Operation Pause

In a related development, U.S. military forces disabled an Iranian-flagged oil tanker in the Gulf of Oman, citing alleged violations of the blockade. President Trump also announced a pause in ‘Project Freedom,’ a U.S. military operation in the Strait of Hormuz, attributing this decision to the ‘Great Progress’ made in talks with Tehran. A retired Army intelligence officer has voiced concerns regarding the potential challenges associated with such a deal.

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