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Latest developments: US-Iran peace process, Israel’s ceasefire violations in Gaza and Lebanon

'I will be meeting now, in the Situation Room, to make a final determination,' US president says on potential agreement

by Diplomatic Info
May 29, 2026
in International, Security
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WASHINGTON

US President Donald Trump said he would be meeting on Friday with officials at the White House to make a “final determination” on a proposed deal to end the war with Iran.

In a post on his Truth Social platform, Trump outlined several elements he said were included in the proposal, including an Iranian commitment to never obtain a nuclear weapon and the reopening of the Strait of Hormuz to unrestricted commercial shipping.

“I will be meeting now, in the Situation Room, to make a final determination,” Trump wrote.

The president said Iran would be required to remove any remaining mines in the strategic waterway, while the US would lift its naval blockade on ships entering or leaving Iranian ports.

Trump also said highly enriched nuclear material buried at facilities targeted in US strikes last year would be excavated and destroyed by the US in coordination with Iran and the International Atomic Energy Agency.

“No money will be exchanged, until further notice,” he added, referring to Iranian funds frozen in the US financial system. “Other items, of far less importance, have been agreed to.”

The remarks came a day after US officials said they were on the verge of an agreement on a 60-day ceasefire extension and a framework for negotiations over Tehran’s nuclear program.

Vice President JD Vance said Thursday that Washington and Tehran were “very close” to signing the memorandum of understanding, although he cautioned that several issues remained unresolved.

“We’re going back and forth on a couple of language points. We’ve made a lot of progress here,” Vance said.

According to details reported by Axios and confirmed to Anadolu by US sources, the proposed memorandum would keep the Strait of Hormuz open to commercial shipping, require Iran to remove mines from the waterway, and commit Tehran to negotiations over its uranium enrichment activities and stockpile of highly enriched uranium.

The report also said the agreement would also provide for discussions on sanctions relief and the release of frozen Iranian funds as part of broader nuclear talks.

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