Overview
On May 2, 2026, Donald Trump said he had been briefed on a proposed deal with Iran, 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 Strait of Hormuz to commercial shipping and lift the U.S. blockade of Iran, while deferring talks on Iran's nuclear programme for later negotiations.
Key Developments
- Trump said the concept of a deal had been presented to him, but he is awaiting the precise wording before deciding.
- The President warned that renewed strikes on Iran could be considered if Tehran violates expectations.
- An Iranian senior official said the rejected proposal would:
- Open commercial shipping through the Strait of Hormuz.
- Lift the U.S. blockade on Iranian vessels.
- Postpone discussions on Iran's nuclear programme to a later stage.