Iran considering US proposal as Trump says war will be 'over quickly'

May 7, 2026

President Trump has expressed optimism about ending the conflict with Iran, stating the war will conclude "quickly" as negotiations continue over Tehran's nuclear program. Reports indicate the US may be close to reaching a 14-point memorandum of understanding with Iran that would establish a framework for nuclear talks, including provisions for suspending enrichment activities, lifting sanctions, and reopening the Strait of Hormuz. Iran has acknowledged receiving an American proposal and is reviewing it before responding through Pakistani mediators, though Iranian officials have downplayed its significance while warning of potential military responses.

Who is affected

Iran and its government institutions (parliament, foreign ministry, Revolutionary Guard Corps)
United States and its military forces (US Central Command)
Israel and the Israel Defense Forces
Hezbollah (Iranian-backed militia in Lebanon)
Pakistan (serving as mediator)
UAE and other Gulf countries
Ships and vessels stranded in the Strait of Hormuz
Americans experiencing high fuel prices
Lebanese civilians in Beirut and southern Lebanon
Israeli settlements and troops in northern Israel and Lebanon

What action is being taken

Iran is reviewing the US proposal and will share its views with Pakistani mediators
Pakistan is endeavoring to convert the ceasefire into a permanent end to the war
The US is maintaining a blockade on Iranian ports and has stopped dozens of ships
US Central Command shot at and disabled an Iranian-flagged oil tanker attempting to break the blockade
Israel and Hezbollah are continuing attacks despite the ceasefire agreement, with Israel striking targets in southern Lebanon and Beirut, and Hezbollah attacking Israeli troops and northern Israel with rockets and drones

Why it matters

This matters because the conflict directly affects global energy supplies, with 20% of the world's oil and liquefied natural gas typically passing through the now-blockaded Strait of Hormuz, causing economic disruption and high fuel prices worldwide. The negotiations represent a potential turning point in preventing Iran from developing nuclear weapons, a long-standing international security concern. The outcome will determine whether the region moves toward peace or escalated military conflict, with implications for Middle Eastern stability and the safety of civilians caught in the crossfire between Israel and Hezbollah.

What's next

Iran will conclude its review of the US proposal and inform Pakistani mediators of its decision
More detailed nuclear negotiations could follow if the 14-point memorandum of understanding is agreed upon
Trump has indicated Operation Epic Fury will end "assuming Iran agrees to give what has been agreed to"
The reopening of the Strait of Hormuz depends on whether threats from the US and Israel end, according to Iranian Revolutionary Guard Corps

Read full article from source: BBC