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May 24, 2026
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Trump Announces Potential Iran Deal Amid 'Cloud of Mistrust'

AI Summary
US President Donald Trump says a memorandum of understanding on an agreement with Iran has been 'largely negotiated' and would reopen the Strait of Hormuz. The potential deal comes amid a 'cloud of mistrust' between Tehran and Washington.

The Potential Iran Deal

US President Donald Trump announced that a memorandum of understanding on an agreement with Iran has been 'largely negotiated' and would reopen the Strait of Hormuz, a vital oil chokepoint closed since the US and Israel launched their war in February.

The Details of the Agreement

Trump posted on social media that the emerging agreement would reopen the Strait of Hormuz, offering potential relief to global energy markets. He described the agreement as a 'Memorandum of Understanding pertaining to PEACE' that was still 'subject to finalization' between the US, Iran, and 'various other Countries'.

  • Trump said the progress followed calls with Israel and key regional allies and 'the Strait of Hormuz will be opened'.
  • US Secretary of State Marco Rubio said 'significant progress' has been made on resolving the situation in the Strait of Hormuz.

The Iranian Perspective

Iran's Ministry of Foreign Affairs spokesman Esmaeil Baghaei noted 'a trend towards rapprochement' with Washington but said 'it does not necessarily mean that we and the United States will reach an agreement on the important issues'.

  • Baghaei added that he hoped the details of a final agreement could be worked out 'within a reasonable timeframe between 30 to 60 days' after the initial framework was complete.
  • Iranian President Masoud Pezeshkian said no decision will be made on a deal with the US without the permission of Supreme Leader Mojtaba Khamenei.

The Regional Impact

Pakistani Prime Minister Shehbaz Sharif, the mediator in the talks, said the next round of negotiations between the US and Iran will happen 'very soon'.

  • Israeli Prime Minister Benjamin Netanyahu is expected to hold a security cabinet meeting to discuss the potential deal.
  • The Lebanese Civil Defence agency said its regional facility in the southern city of Nabatieh has been destroyed by an Israeli strike.

The Challenges Ahead

Al Jazeera's Tohid Asadi reported from Tehran that it was 'too early' to frame the MoU as a 'victory' due to the 'cloud of mistrust' between Tehran and Washington.

  • Asadi said it was uncertain whether the MoU would lead to a long-lasting solution or another round of confrontation.