US and Iran Near Agreement Amid Tensions Over Strait of Hormuz

Wed, 06 May 2026 17:15:00 +0200

Negotiations between the United States and Iran appear to be advancing toward a potential one-page memorandum intended to end the ongoing conflict. While officials from the Trump administration remain cautious due to previous last-minute collapses in talks, regional sources indicate positive momentum, with Pakistani mediators reporting progress toward a compromise. President Trump warned Iran that military action could resume at an intensified level if an agreement is not reached. Concurrently, Iran's Revolutionary Guards Navy confirmed that safe passage through the Strait of Hormuz is possible under new procedures, following the temporary pause of the US “Project Freedom” operation. Diplomatic activity is also intensifying with China, a major Iranian oil buyer, hosting Iran’s top diplomat for talks, and Trump planning to meet Chinese leader Xi Jinping next week. Israel, closely monitoring developments, is engaging with US officials to ensure any agreement maintains pressure on Iran’s