Iran War Live Updates: Peace Deal Nearer, But Could Take Days to Nail Down, U.S. Official Says

Key Points:

• The U.S. and Iran have reportedly reached a preliminary memorandum of understanding aiming to halt fighting, reopen the Strait of Hormuz without tolls, and initiate negotiations on Iran’s nuclear program within 30 to 60 days, though many details remain unresolved and the deal awaits approval from President Trump and Iran’s supreme leader.
• Key contentious issues such as Iran’s missile program, the full suspension of nuclear enrichment, and the release of frozen Iranian assets are deferred to future negotiations, causing skepticism among U.S. lawmakers and Israeli officials who fear the deal falls short of dismantling Iran’s nuclear and missile capabilities.
• The agreement could ease global energy market tensions by reopening a critical oil shipping route closed since February, but logistical challenges like mine clearance and shipping safety mean fuel prices and supply disruptions will persist for months.
• Israel and Hezbollah continue to clash despite a U.S.-brokered cease-fire, with Israel signaling it will maintain military operations in Lebanon; an Iran-U.S. deal including Lebanon could embolden Hezbollah and complicate Lebanese government efforts to reduce the group’s influence.
• Reactions to the potential deal are mixed: Iranian officials portray it as a victory enhancing their regional leverage, while critics in the U.S. and Israel warn that it represents a compromise that fails to fully address Iran’s nuclear ambitions or regional militancy, raising doubts about the durability and scope of peace.