Nuclear talks, Hormuz, sanctions: What's really going on with Iran-US negotiations?
Washington and Tehran are trying to reach a fragile compromise involving a cease-fire, frozen assets and maritime traffic, despite deep mutual mistrust.
Motorists drive past a large political billboard near Enghelab Square, in central Tehran, on May 26, 2026. (Credit: Atta Kenare/AFP)
Nearly three months after the outbreak of war among Iran, Israel, and the United States, diplomacy between Washington and Tehran appears closer to a breakthrough than at any previous point since the war began. Yet the current negotiations do not aim to resolve the decades-long confrontation between the two countries; rather, they are focused on a more concise “memorandum of understanding” than a comprehensive agreement.At the heart of the current talks, a fragile compromise is emerging: reopening the Strait of Hormuz, extending the cease-fire, partially easing economic pressure on Iran and postponing the most explosive issues. More on this Nominal cease-fire: What we know about Monday’s US strikes on southern Iran The outlines of the agreement emergeSince the beginning of the conflict on Feb. 28, Iran has been attempting to turn the...
Nearly three months after the outbreak of war among Iran, Israel, and the United States, diplomacy between Washington and Tehran appears closer to a breakthrough than at any previous point since the war began. Yet the current negotiations do not aim to resolve the decades-long confrontation between the two countries; rather, they are focused on a more concise “memorandum of understanding” than a comprehensive agreement.At the heart of the current talks, a fragile compromise is emerging: reopening the Strait of Hormuz, extending the cease-fire, partially easing economic pressure on Iran and postponing the most explosive issues. More on this Nominal cease-fire: What we know about Monday’s US strikes on southern Iran The outlines of the agreement emergeSince the beginning of the conflict on Feb. 28, Iran has been attempting to...
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