Here’s What We Know About Trump’s “Largely Negotiated” Iran Deal President Trump announced on Truth Social that a memorandum of understanding to end the war with Iran has been largely negotiated. The emerging arrangement involves discussions with regional leaders and focuses on reopening the Strait of Hormuz and potentially Iran’s nuclear program. While foreign reports suggest specific terms like releasing frozen funds, the Trump administration has not confirmed these details.

• President Trump announced a ‘largely negotiated’ memorandum of understanding with Iran on Truth Social.
• The agreement aims to end the war with Iran and involves calls with several regional leaders.
• A central issue is reopening the Strait of Hormuz, a critical shipping passage.
• A proposed framework reportedly involves three stages: ending the war, resolving the Hormuz crisis, and a window for a broader agreement.
• The broader agreement is likely to address Iran’s nuclear program.
• Foreign reports suggest the memorandum could include releasing $12 billion in frozen funds and facilitating maritime navigation.
• Secretary of State Marco Rubio reiterated demands for Iran to never have nuclear weapons, open the straits without tolls, and turn over enriched uranium.
• International law, specifically the UN Convention on the Law of the Sea, supports unimpeded transit passage through international straits like Hormuz.