US President Donald Trump said a “largely negotiated” memorandum of understanding on ending the Iran conflict was nearing completion, while disagreements continued over the future control of the Strait of Hormuz. Trump stated that the agreement would reopen the critical waterway, which has disrupted global energy markets since fighting erupted in February after US and Israeli strikes on Iran. He added that final details were still under discussion and an official announcement could come soon.
However, Iran’s Fars news agency rejected Trump’s statement regarding the Strait of Hormuz and claimed the proposed agreement would instead allow Iran to supervise and manage the passage. Iranian officials described Trump’s position as “inconsistent with reality,” showing that major differences remain despite progress in negotiations. Meanwhile, Iran confirmed it was working toward a memorandum to end the war after senior officials met Pakistan Army Chief General Asim Munir in Tehran.
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Pakistan played a central diplomatic role during the latest talks, with the country’s military describing the negotiations as “encouraging.” Pakistani sources involved in the discussions said the proposed framework was broad and comprehensive enough to formally end the conflict. In addition, Prime Minister Shehbaz Sharif publicly praised Trump’s efforts to push peace forward, while sources revealed the plan could move into a new phase after the Eid holidays if Washington approves the memorandum.
According to officials familiar with the talks, the proposed framework would move in three stages, beginning with a formal end to the war and the reopening of the Strait of Hormuz. The agreement would then create a 30-day negotiation period for a wider political settlement, although both sides could extend that deadline if necessary. At the same time, Trump reportedly held discussions with leaders from Saudi Arabia, Qatar, the United Arab Emirates, Jordan, Egypt, Turkey and Pakistan to gather support for the emerging deal.
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Meanwhile, Iran continued to demand supervision over the Strait of Hormuz, removal of US shipping restrictions and the lifting of sanctions targeting Iranian oil exports. Iranian Foreign Ministry spokesperson Esmail Baghaei said reducing tensions remained possible, although important issues still required mediation over the coming days. He also stressed that Iran’s main priority was preventing future US military attacks and containing the wider regional conflict involving Hezbollah fighters in Lebanon.
Despite weeks of military confrontation, Iran has reportedly maintained its stockpile of highly enriched uranium along with significant missile, drone and proxy capabilities. Iranian Parliament Speaker Mohammad Baqer Qalibaf warned that Tehran had rebuilt its military strength during the ceasefire period and threatened a stronger response if the United States resumed hostilities. Consequently, the coming days are expected to determine whether diplomacy can finally replace months of conflict and economic uncertainty across the Middle East.