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U.S. and Iran Signal Possible Progress on Interim Deal Amid Conflicting Public Statements

President Trump claims a deal is 'largely negotiated' while Tehran disputes the terms amid reports of a potential 60-day ceasefire extension.

May 24, 2026 at 9:00 AM

Efforts to de-escalate tensions between the United States and Iran have entered a critical phase as specific deal terms began to surface in U.S. media. According to reports from the New York Times and Axios, a proposed memorandum of understanding could see Iran surrender its supply of enriched uranium and reopen the Strait of Hormuz to global shipping. In exchange, the U.S. would reportedly allow Iran to resume oil sales and lift port blockades for an interim 60-day period. While President Donald Trump has publicly characterized the deal as being "largely negotiated," Secretary of State Marco Rubio provided a more measured update, citing "some progress" rather than a final breakthrough. Despite the optimism from Washington, Tehran has reportedly pushed back on Trump’s description of the talks, signaling that core issues remain unresolved. The proposed framework suggests a "diplomacy-plus-pressure" model, as U.S. military forces would remain stationed in the region throughout the 60-day ceasefire window. Meanwhile, Pakistan continues to serve as a vital back-channel mediator, with officials expressing hope to host future rounds of negotiations to solidify any preliminary understandings reached between the two nations.

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