The United States and Iran have entered the final stage of negotiating a preliminary memorandum to end the conflict in the region. At the same time, President Donald Trump has warned of a sharp escalation if Tehran refuses Washington’s terms.
Reuters reported this, and Trump also commented on the situation on Truth Social.
Details
Sources say the sides are close to agreeing on a one-page document with about 14 points. It would formally mark the end of the war and launch further negotiations.
After that, the parties plan to begin a 30-day phase to finalize key issues, including Iran’s nuclear program, sanctions relief, and the restoration of shipping through the Strait of Hormuz.
Pakistan is mediating the talks. Sources describe the sides as “very close” to a deal, though Tehran is still reviewing the US proposal.
Amid signs of diplomatic progress, Brent crude oil prices have dropped sharply—by about 11%—falling below $100 per barrel. Markets are reacting to expectations of de-escalation and more stable energy supplies.
Trump said that if Iran accepts US terms, the operation “Epic Rage” will end and the strait will reopen to international shipping.
“If they don’t agree, there will be bombings, and unfortunately they will be at a much higher level and intensity than before,” Trump wrote.
Context
The talks come amid prolonged tensions in the Persian Gulf, where Iran has effectively restricted shipping, prompting the United States to impose its own countermeasures. Washington has also paused a naval operation aimed at reopening the strait, citing progress in diplomacy.
Previously, The Ukrainian Review reported that Ukraine and Europe unite while Trump focuses on Iran.
