<h3>Overview</h3>
<p>On <strong>May 2, 2026</strong>, <span class="key-term" data-definition="Donald Trump — 45th President of the United States, whose foreign‑policy decisions are examined under GS2: Polity for their impact on international relations.">Donald Trump</span> said he had been briefed on a proposed <span class="key-term" data-definition="Deal — a negotiated agreement between two or more sovereign states, often examined in GS2: Polity for its diplomatic and strategic implications.">deal</span> with <span class="key-term" data-definition="Iran — Islamic Republic of Iran, a key player in Middle‑East geopolitics whose nuclear ambitions and regional activities are central to GS2: Polity and GS3: Economy discussions.">Iran</span>, but was waiting for the exact wording before taking a final stance. He warned that the United States could restart air strikes if Tehran "misbehaves". A senior Iranian official countered that the proposal, which had been rejected by Trump, would open the <span class="key-term" data-definition="Strait of Hormuz — a narrow maritime chokepoint between Oman and Iran through which a significant share of global oil passes; its security is a frequent GS3: Economy topic.">Strait of Hormuz</span> to commercial shipping and lift the <span class="key-term" data-definition="U.S. blockade — a set of economic and military restrictions imposed by the United States to pressure a target state, relevant to GS3: Economy and GS2: Polity.">U.S. blockade</span> of Iran, while deferring talks on Iran's <span class="key-term" data-definition="nuclear programme — Iran's development of nuclear technology, which raises proliferation concerns and is a core issue in GS2: Polity and international security.">nuclear programme</span> for later negotiations.</p>
<h3>Key Developments</h3>
<ul>
<li>Trump said the concept of a deal had been presented to him, but he is awaiting the precise wording before deciding.</li>
<li>The President warned that renewed strikes on Iran could be considered if Tehran violates expectations.</li>
<li>An Iranian senior official said the rejected proposal would:
<ul>
<li>Open commercial shipping through the <span class="key-term" data-definition="Strait of Hormuz — a narrow maritime chokepoint between Oman and Iran through which a significant share of global oil passes; its security is a frequent GS3: Economy topic.">Strait of Hormuz</span>.</li>
<li>Lift the <span class="key-term" data-definition="U.S. blockade — a set of economic and military restrictions imposed by the United States to pressure a target state, relevant to GS3: Economy and GS2: Polity.">U.S. blockade</span> on Iranian vessels.</li>
<li>Postpone discussions on Iran's <span class="key-term" data-definition="nuclear programme — Iran's development of nuclear technology, which raises proliferation concerns and is a core issue in GS2: Polity and international security.">nuclear programme</span> to a later stage.</li>
</ul>