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U.S. Shares Draft Iran Agreement with Allies as Negotiations Enter High-Stakes Phase

President Trump coordinates with allies on a draft deal involving $12 billion in asset relief and maritime security concessions.

May 30, 2026 at 4:00 AM

The Trump administration has intensified diplomatic efforts by sharing a draft agreement with Israel and other key allies aimed at de-escalating tensions with Iran. While President Trump and his senior aides continue to weigh the final approval, the current draft proposes a multi-faceted approach to regional stability. Central to the proposal is the restoration of access to roughly $12 billion in frozen Iranian assets in exchange for strict adherence to maritime and nuclear protocols. The draft emphasizes freedom of navigation, requiring Tehran to remove mines in strategic waterways while the U.S. would subsequently lift its naval blockade on shipping. Furthermore, the agreement outlines a 30-day window for Iran to return its nuclear enrichment posture to 'pre-war' levels. Although the diplomatic track remains active, external stakeholders including China are calling for United Nations endorsement to ensure a multilateral framework for the potential deal. No official signing or announcement has been confirmed as of May 30, 2026.

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