U.S. and Iran Weigh 14-Point Peace Proposal to End Two-Month War

President Donald Trump announced a significant diplomatic opening in the two-month-old conflict with Iran, stating that "very good talks" have occurred over the last 24 hours. The U.S. has submitted a one-page, 14-point memorandum via Pakistani mediators, which reportedly outlines terms for Iran to transfer enriched uranium to the U.S. and ease restrictions in the Strait of Hormuz. While Trump expressed high optimism that a deal is "very possible," he maintained a stern warning that a rejection of the terms would lead to a dramatic escalation in U.S. and Israeli air strikes. Tehran has confirmed it is reviewing the proposal, though state media has already characterized some elements as "unrealistic." The negotiations are being spearheaded on the U.S. side by envoy Steve Witkoff and Jared Kushner. In a show of potential de-escalation, President Trump has paused a recently launched naval mission intended to reopen the Strait of Hormuz, while the Iranian Revolutionary Guard indicated that safe passage for vessels could be restored under new procedures if U.S. threats subside. Simultaneously, regional tensions remain high as Israel continues its military campaign. Prime Minister Benjamin Netanyahu confirmed recent strikes in Beirut targeting Hezbollah leadership and remains in close contact with U.S. negotiators. Global energy markets are monitoring the situation closely, as a resolution to the Hormuz blockade is expected to stabilize oil prices that have been volatile since the conflict began on February 28.