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strikeMay 24, 2026

Trump dampens hopes of Iran deal, keeps US blockade

Summary

U.S. President Donald Trump on Sunday appeared to dampen hopes of an imminent breakthrough in the Middle East war by saying he had told his negotiators not to “rush”, hours after his top diplomat said the U.S. and Iran could strike a bargain to end the regional war as early as Sunday. The U.S. blockade on Iranian ships on the Strait of Hormuz would "remain in full force and effect until an agreement is reached, certified, and signed", Trump wrote on Truth Social. Negotiations were progressing and the U.S. relationship with Iran had become more professional and productive, he said. But he added: "Both sides must take their time and get it right. There can be no mistakes!" A day earlier, Trump said Washington and Iran had "largely negotiated" a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz, which before the conflict carried one-fifth of global oil and liquefied natural gas shipments. Trump has repeatedly played up the prospect of an agreement to end the war that the U.S. and Israel started on February 28, so far without success. It was not clear whether the agreement he was referring to on Sunday was the initial memorandum of understanding that has been under discussion, or a much more challenging broad peace settlement, likely to take much longer. The two sides remain at odds over numerous difficult issues, such as Iran's nuclear ambitions and Tehran's demands for the lifting of sanctions and the release of tens of billions of dollars of Iranian oil revenues frozen in foreign banks. Various media in the U.S. and Iran had said the memorandum setting out a framework for ending months of fighting would, if concluded, lift a U.S. blockade on Iranian shipping and reopen the waterway, which Iran has shut with threats to attack shipping. A senior Iranian source earlier told Reuters that if Iran's Supreme National Security Council approved the memorandum, it would be sent to Supreme Leader Ayatollah Mojtaba Khamenei for final approval. But Iran's Tasnim news agency said differences remained over one or two clauses. Tasnim cited a source as saying there would be no final understanding if the U.S. continued to create obstacles. In another potential stumbling block, a military adviser to Khamenei said Tehran had the legal right to manage the Strait of Hormuz, though it was not clear if that meant continuing to decide which ships can go through. Any deal cementing the current fragile ceasefire would bring relief to markets but not immediately quell a global energy crisis, which has driven up costs of fuel, fertilizer and food. Even if the war ends now, full flows through the strait will not return before the first or second quarter of 2027, the head of the Abu Dhabi National Oil Company said last week. Iran's Revolutionary Guards said 33 vessels had passed through the strait over the past 24 hours after getting permission from Tehran, still far short of the 140 on a typical day before the war. Trump, while offering various war aims during the conflict, has repeatedly said the U.S. struck Iran to prevent it from obtaining nuclear weapons. Iran "must understand, however, that they cannot develop or procure a Nuclear Weapon or Bomb", he reiterated in his post on Sunday. Iran has long denied it is pursuing such weapons and says it has a right to enrich uranium for civilian purposes, although the purity it has achieved far exceeds that needed for power generation. Sources have told Reuters the proposed framework, when it emerges, will unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launching a 30-day window for negotiations on a broader agreement, which can be extended. Trump, whose approval ratings have been hit by the war's impact on U.S. energy prices, said on Friday he would not attend his son's wedding this weekend, citing Iran among the reasons for staying in Washington. He spoke on Saturday with leaders from Saudi Arabia, Qatar, the United Arab Emirates, Jordan, Egypt, Turkey and Pakistan, who encouraged Trump to agree to the emerging framework, Axios reported. Iranian Foreign Ministry spokesperson Esmail Baghaei said on Saturday that "the trend this week has been towards a reduction in disputes, but there are still issues that need to be discussed through mediators". Baghaei said the issue of the U.S. blockade on Iran's shipping was important, but that its priority was ending the threat of new U.S. attacks and the parallel conflict in Lebanon. The U.S.-Israeli bombing of Iran killed thousands of people in Iran before it was suspended in a ceasefire in early April. Israel has also killed thousands more and driven hundreds of thousands from their homes in Lebanon, which it invaded in pursuit of the Iran-backed Hezbollah militia. Iranian strikes on Israel and neighboring Gulf states have killed dozens of people

Perspectives

Iranian Official

The Iranian government condemns the US blockade of the Strait of Hormuz as illegitimate foreign aggression that violates its sovereignty, imposed after the war launched by Washington and Tel Aviv on February 28. While talks continue in a professional manner, Tehran insists on resisting undue pressure and taking the necessary time to protect its rights, including the full lifting of sanctions and release of its assets, without compromising national interests. Iran will not rush any agreement that fails to end this external interference.

Israeli

From Israel's vantage, President Trump's caution against rushing a deal with Iran underscores the existential threat posed by Tehran's nuclear ambitions and its entrenched proxy networks—Hezbollah, Hamas, and the Houthis—which have repeatedly targeted the Jewish state. The sustained U.S. blockade of the Strait of Hormuz serves as an essential defensive barrier, denying Iran the oil revenues that sustain its aggression and the war it provoked on February 28. Any agreement must prioritize ironclad safeguards, as premature concessions could embolden Tehran's regional aims and endanger Israel's survival.

Neutral

U.S. President Donald Trump stated on Sunday that his negotiators should not “rush” toward an agreement with Iran, after his top diplomat indicated a possible deal could be reached that day. He wrote that the U.S. blockade on Iranian ships in the Strait of Hormuz would remain in place until any agreement is reached, certified, and signed, and that negotiations were progressing without mistakes. It is unclear whether the agreement under discussion is a memorandum of understanding or a broader settlement, as the parties continue to differ on issues including Iran’s nuclear program and sanctions.

Western

President Trump directed U.S. negotiators to proceed deliberately in talks with Iran, underscoring that the naval blockade of the Strait of Hormuz will remain in place until a verified agreement secures freedom of navigation and addresses Tehran’s nuclear program. The measured approach prioritizes precision to neutralize ongoing threats to global energy routes—through which one-fifth of oil and LNG shipments transit—while building on progress toward a memorandum of understanding. This strategy reflects Washington’s focus on achieving durable strategic objectives without concessions that could embolden Iranian ambitions.

Pro-Peace

As the U.S.-backed war with Iran drags on, civilian casualties mount and humanitarian crises deepen across the region, with blockades exacerbating shortages that hit ordinary families hardest. President Trump’s call to slow negotiations risks prolonging this suffering rather than prioritizing swift diplomacy to reopen the Strait of Hormuz and lift sanctions that punish civilians. A genuine, time-bound agreement remains the only path to ending the violence without further loss of innocent life.

Global South

US and Israeli forces launched the February conflict and continue enforcing a Hormuz blockade that curtails Iranian sovereignty and disrupts energy flows critical to Global South economies. Negotiations, slowed by US insistence on retaining sanctions leverage and curbing Iran’s nuclear independence, reflect classic neo-colonial bargaining rather than genuine de-escalation. Multilateral institutions have again failed to restrain unilateral Western control over strategic waterways.

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Sources

  • ReutersBy Reuters

    U.S. President Donald Trump on Sunday appeared to dampen hopes of an imminent breakthrough in the Middle East war by saying he had told his negotiators not to “rush”, hours after his top diplomat said the U.S. and Iran could strike a bargain to end the regional war as early as Su

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DUBAI, United Arab Emirates (AP) — Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship, while the United States conducted yet another round of airstrikes targeting the Islamic Republic as they struggle over control of the key waterway.

The 10 consecutive nights of U.S. airstrikes haven’t compelled Tehran to loosen its grip on the strait, through which about a fifth of all crude oil and natural gas traded once passed in peacetime. Even as the U.S. and Iran inch closer to all-out war again, Iran’s interior minister traveled to Pakistan, a key mediator in the conflict, for talks.

However, it remains unclear just what new deal could be reached to end the fighting. The interim deal signed last month that was meant to end the fighting has crumbled. Shipping through the Strait of Hormuz has largely stalled. And as fighting intensifies, both sides have targeted civilian infrastructure relied on by millions of people.

“Iran and groups supportive of Iran may target other U.S. interests overseas or at locations associated with the United States and Americans throughout the world,” the U.S. State Department said in a new warning to Americans. The escalation has pushed oil prices higher in recent weeks.

Benchmark Brent crude traded Tuesday above $88 a barrel and regular gasoline in the U.S. climbed to an average of $4 a gallon, keeping pressure on Americans’ wallets ahead of midterm elections this fall. Meanwhile, the U.S. military identified two soldiers who were killed in Jordan in attacks that left a third person missing.

Separately, the military confirmed another death in Iraq on Saturday during the “controlled detonation” of a downed Iranian drone. President Donald Trump took to social media on Monday to warn that “Every time Iran kills an American Soldier they will pay for that killing many times over!

” Trump was planning to attend a ceremony on Tuesday evening at Dover Air Force Base, where at least one service member’s remains were due to arrive. US strikes come as ships attacked The U.S. military’s Central Command said Tuesday it targeted “Iranian military command centers, maritime capabilities, missile and drone launch sites and air defense systems.

” It released more footage of bombings that targeted sites in Iran. “American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait,” the command said.

Iranian state media reported that explosions were heard in Fars, Hormozgan, Ilam, Kerman and Sistan and Baluchistan provinces. However, traffic through the strait has slowed to a crawl during the latest violence. Lloyd's List Intelligence said only three ships transited the strait on Sunday.

The British military’s United Kingdom Maritime Trade Operations center said a tanker came under attack early Tuesday in the strait off Oman, forcing the crew to abandon the vessel. Iran’s paramilitary Revolutionary Guard claimed the attack, as well as two other attacks on ships Monday in the waterway.

The route around Oman has been the one the U.S. military has encouraged ships to travel to avoid Iran’s control. The UKMTO separately reported Tuesday that another previously unknown attack on a ship took place early the previous day. Tehran also hit U.

S.-allied countries throughout the Middle East. Jordan military's said Tuesday that Iran targeted it with five drones and three missiles, all of which were shot down. Bahrain sounded its missile alert sirens Tuesday afternoon as another Iranian barrage targeted the island kingdom, which is home to the U.

S. Navy's 5th Fleet. Nearly 100 US injuries since early July The Pentagon’s chief spokesperson said nearly 100 U.S. service members have been injured since the U.S. restarted strikes on July 7, and 96% of them have returned to duty.

“The vast majority of injuries experienced were minor concussions,” Sean Parnell posted Monday on X in response to a New York Times report that the Pentagon has withheld information about troop injuries from Iranian strikes. He denied that the Pentagon was hiding data about injuries.

However, the Defense Casualty Analysis System, the military’s clearinghouse for reporting deaths and injuries in conflict, has not been updated as of Monday night with the latest attacks. Yemen rebels threaten attacks on other Mideast waterway Yemen’s Houthi rebels announced a maritime embargo against Saudi Arabia on Monday.

The Houthis, who are backed by Iran, said they would block shipping between the Red Sea and the Gulf of Aden by targeting the Bab el-Mandeb, a maritime chokepoint like the Strait of Hormuz, in response to an attack on Sanaa International Airport last week that they blamed on Saudi Arabia.

With the Strait of Hormuz blocked, Saudi Arabia has been relying on a pipeline to the Red Sea to get millions of barrels of oil out to market. The Houthis earlier demonstrated their ability to disrupt shipping there when they targeted ships for months over the Israel-Hamas war in Gaza, with over 100 vessels attacked.

Saudi Arabia’s military said it would keep the waterway open. “All Houthi threats against transiting vessels will be dealt with swiftly and firmly, as such threats are a blatant violation of international law and fall under acts of maritime piracy,” said Maj.

Gen, Turki al-Malki, a Saudi military spokesman. A glimmer of hope for diplomacy Pakistan has intensified diplomatic efforts in recent days to resuscitate the interim deal. Iranian Interior Minister Eskandar Momeni arrived in Islamabad on Monday for two days of talks with Prime Minister Shehbaz Sharif and others.

On Sunday, U.S. Secretary of State Marco Rubio told reporters that the U.S. is still open to negotiating with Iran but that “it has to be real.” “If the door opens to diplomacy — if the guys that want to do something productive for Iran win and take control of that system, or take control of the negotiations — that’ll be a very positive development,” Rubio said.

“That’s not where we are tonight, unfortunately.” Iranian authorities on Sunday said at least 50 people have been killed and 517 wounded in the latest rounds of U.S. strikes. Since the war began on Feb. 28, 17 U.S. service members have been killed.

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US Secretary of War Pete Hegseth posted social media images showing damage to a maritime control tower at Iran’s Chabahar port following reported US military strikes, accompanied by the caption “Iran does not control the Strait of Hormuz.” India’s Ministry of External Affairs stated that the Shahid Beheshti terminal operated by India at the port sustained no damage.

The ministry reiterated its position that civilian infrastructure should not be targeted during conflicts.

Location: Iran
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U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire - The U.S. has carried out its tenth consecutive evening of attacks against Iran. - Iran attacked a tanker in the Strait of Hormuz early Tuesday, while Houthi militants in Yemen declared a maritime embargo against Saudi Arabia.

- Rystad Energy has warned about the risk of a significant rebound in oil prices. The U.S. completed a fresh round of strikes against Iran on Monday evening as Yemen's Iran-backed Houthis threatened to impose a naval blockade on Saudi Arabia, potentially opening a new front in the Middle East conflict.

The latest cycle of tit-for-tat strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire, a pitch that could put last month's Memorandum of Understanding back on track. The U.S. Central Command said overnight that it had carried out another round of strikes on Iran at 9 p.

m. ET on Monday. "U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran's ability to continue attacking commercial vessels flowing through the Strait of Hormuz," Centcom said in a statement.

It added that commercial vessel transits through the strategically vital waterway were continuing. Centcom forces, the statement said, had facilitated the transit of around 900 commercial vessels and 450 million barrels of crude oil through the strait since early May.

Iran, meanwhile, attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the vessel as it seeks to tighten its control over the waterway, one that typically handles around 20% of the world's oil traffic. Houthi militants in Yemen on Monday declared a maritime embargo against Saudi Arabia effective immediately, a move that could substantially threaten Middle East oil supplies.

The Houthis have repeatedly threatened to close the Bab el-Mandeb Strait during the U.S.-Iran war. The strait is a choke point for commercial ship traffic that connects the Red Sea to the Gulf of Aden and global markets. The militants, in a statement carried by state news, accused the Saudis of laying an "aggressive siege" against them.

Tensions escalated last week after they claimed that Riyadh had bombed Sanaa International Airport. The Saudi-led coalition in Yemen said that it would respond to the Houthis naval blockade with force, reportedly describing such threats as "a blatant violation of international law.

" 10-day ceasefire 'won't be an easy task' Oil prices rose briefly on news of the Houthi statement but later pared gains as energy market participants closely monitored the prospect of a diplomatic breakthrough. International benchmark Brent crude futures with September delivery were last seen trading 0.

5% lower at $88.77 per barrel, having surpassed $90 in the previous session. U.S. West Texas Intermediate futures with August delivery, meanwhile, stood 0.4% lower at $82.88. Strategists at ING said there's some hope of de-escalation between the U.S.

and Iran given the reports that mediators are proposing a 10-day ceasefire. "This won't be an easy task," ING's Warren Patterson and Ewa Manthey said in a research note published Tuesday. "Large divisions remain between the US and Iran. And President Trump said the US would retaliate following the deaths of several American troops," they added.

In a post on Truth Social on Monday, President Donald Trump said: "Every time Iran kills an American Soldier they will pay for that killing many times over!" He added that this directive had been passed on to every leader in the military. Saudi Arabia oil risk Jorge León, senior vice president and head of geopolitical analysis at Rystad Energy, said the Houthis' threat puts approximately 2.

5 million barrels per day of Saudi Arabian oil at risk at a time when traffic through the Strait of Hormuz is at a standstill. "With the Gulf's primary maritime outlet largely closed, the market is increasingly dependent on Saudi Arabia's East-West pipeline and Red Sea terminals to maintain export flows," León said Monday in a research note.

Saudi Arabia's East-West pipeline network, or Petroline, is a roughly 750-mile system that transports crude across Saudi Arabia, connecting Abqaiq on the oil-rich kingdom's eastern Gulf coast to the port of Yanbu on the Red Sea. "Any disruption at Bab el-Mandeb would therefore threaten not only Saudi shipments but one of the few remaining routes capable of compensating for the severe reduction in Hormuz traffic," León said.

"If a ceasefire does not materialize and Hormuz remains largely closed while the Houthi threat to Red Sea shipping intensifies, the risk of a significant rebound in oil prices would be substantial," he added. — CNBC's Chloe Taylor and Spencer Kimball both contributed to this report.

Location: Iran
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Yemen's Iran-aligned Houthis announced Monday they would impose a maritime blockade on Saudi Arabia, further throttling a global energy market already greatly restricted by Iran's closure of the Strait of Hormuz. This is why it matters and what it means for the Iran war and the global energy crisis.

It is not clear how the Houthis would carry out a maritime blockade of Saudi Arabia, its northern neighbor along the Red Sea coast, or whether it would include a return to attacks on shipping. Yemen sits on the Bab el-Mandeb strait – the southern gateway to the Red Sea – and closing that would open up a new front in the energy crisis and Iran's overarching conflict with the U.

S. With the Strait of Hormuz already disrupted, the Red Sea has become a critical alternative outlet for Gulf oil and other products. A serious disruption would mean both of the Middle East's major oil export routes are shut simultaneously. Iran's partial blockade of the Strait of Hormuz after Israel and the U.

S. attacked it on Feb. 28 disrupted most oil and other exports from the Gulf, raising prices and delivering a global energy shock. Saudi Arabia responded by diverting more than 70% of its normal daily crude exports to the Red Sea port of Yanbu. Ships from Yanbu bound for Europe go north through the Suez Canal.

Those heading to Asia go south through Bab el-Mandeb. Shipments from Yanbu averaged 4 million barrels per day in recent weeks according to data from Kpler and Signal Ocean, up from around 973,000 bpd a year earlier. Total petroleum volumes transiting Bab el-Mandeb amounted to 7.

4 million bpd in June, or about 7% of global oil output, according to Kpler data, up from 4.2 million bpd last year. That has provided a lifeline for the energy market, helping to keep down global oil prices. Saudi Arabia is considering an expansion of its crude oil pipeline to the Red Sea coast, Reuters reported last week.

When the Houthis launched attacks on Red Sea shipping in November 2023, Gulf oil exports were flowing freely. The Houthis have been in a civil war against the Saudi-backed, internationally recognized government for more than a decade and have attacked Gulf neighbors with missiles and drones.

However, a 2022 truce between the country's warring sides largely held until last week, when Yemen's internationally recognized government said it had struck Sanaa airport to stop an Iranian plane landing. The Houthis said Saudi Arabia was responsible and, in response, fired missiles at Abha airport in the kingdom's mountainous southwest.

A senior Houthi official, politburo member Mohammad al-Farah, then warned in an interview on Iran's Press TV website that if the situation kept escalating, Bab el-Mandeb would be closed. The U.S. says Iran has armed, funded and trained the Houthis with help from Hezbollah.

The Houthis deny being an Iranian proxy and say they develop their own weapons. It is not clear how far the group's stance on Bab el-Mandeb and the Red Sea stems from its own strategic priorities or is being made on Iran's behalf. After Israel's genocidal campaign in Gaza, the Houthis began firing at Israel and on shipping in the Red Sea, saying they were doing so in support of Palestinians.

The attacks severely disrupted global shipping, prompting Maersk, Hapag-Lloyd and other major companies to divert around Africa – a far longer, more expensive route. Red Sea traffic has not recovered since, with traffic through the Suez Canal down 52% in 2025 versus 2023 levels and at its lowest in at least 50 years, Suez Canal Authority data shows.

A U.S.-led mission to restore free navigation in the Red Sea involved repeated strikes on Houthi targets and a campaign that shot down hundreds of drones and missiles. But some Houthi attacks continued until last summer, only ending completely with the Gaza cease-fire in October.

Last month, the Houthis said they would ban ships linked to Israel from the Red Sea after Israel renewed military attacks on Iran. However, that threat was never acted on and shipping groups Maersk and Hapag-Lloyd are resuming some Red Sea routes that they had abandoned during the Houthi attacks last year, Maersk said this month.

While Hezbollah and the Iraqi groups joined the war early with rocket and drone fire after the first U.S. and Israeli strikes on Iran, the Houthis had been comparatively quiet. The group's leader Abdul Malik al-Houthi said on March 5: "Our fingers are on the trigger at any moment should developments warrant it.

" Iranian commanders have repeatedly warned that the Houthis could join the war. The Houthis launched a few missile and drone attacks on Israel in late March and early April. Revolutionary Guards Quds Force commander Esmaeil Qaani said on June 1 they could choke off the Red Sea.

That may now have changed with their announcement of the blockade on Monday against Saudi Arabia in retaliation for what they called the kingdom's siege of its ports and airports, including last week's strike.