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Diplomatic Gap Persists as Iran Submits New Proposal Through Mediators

Tehran shares revised settlement terms through Pakistani mediators as the White House signals current offers remain insufficient.

May 18, 2026 at 5:30 PM

Diplomatic efforts to resolve the ongoing U.S.-Iran conflict reached a critical juncture over the last 24 hours as Iran submitted a revised settlement proposal through Pakistani mediators. Despite the active communication channel, Iranian Foreign Minister Abbas Araghchi stated that profound mistrust remains the primary obstacle to a lasting agreement. A senior U.S. official reportedly told Axios that the new terms are "insufficient," suggesting that the White House is seeking more significant concessions before committing to a formal deal. Simultaneously, tensions remain high in the Strait of Hormuz, where the Islamic Revolutionary Guard Corps (IRGC) has reportedly begun enforcing a new shipping regime requiring vessels to obtain email permits for safe passage. This move is seen by analysts as an attempt by Tehran to use maritime access as bargaining leverage. While unconfirmed reports from Iranian state media suggest the U.S. might consider phased unfreezing of assets or sanctions waivers, the Trump administration continues to weigh aggressive military options, including potential strikes on Iranian energy infrastructure. The uncertainty of these negotiations has caused continued volatility in global energy markets. As the conflict enters its 80th day, oil prices fluctuate based on the perceived risk of re-escalation versus the possibility of a ceasefire extension. President Trump is expected to convene with his national security team shortly to evaluate the latest diplomatic developments and military contingencies.

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