Overview
- President Donald Trump said Wednesday that a deal is "very possible" as Iran reviews a U.S. proposal and is expected to deliver its response through Pakistan on Thursday, according to multiple outlets.
- Sources involved in the mediation describe a concise, 14‑point memorandum that would formally end hostilities and open 30 days of talks on nuclear limits, sanctions relief, and steps to reopen the Strait of Hormuz.
- Reported terms under discussion include a pause in uranium enrichment and shipping highly enriched stockpiles out of Iran in exchange for partial U.S. sanctions relief and looser transit restrictions, with details still unsettled.
- Military pressure continues in parallel after Trump paused the short‑lived Project Freedom on Tuesday as the U.S. blockade stays in place and U.S. Central Command said a fighter jet disabled an Iranian‑flagged tanker on Wednesday for attempting to breach it.
- Regional backing looks thin as NBC News reported Saudi Arabia restricted U.S. basing and airspace for the escort plan and Kuwait imposed limits, while the Hormuz shutdown has left hundreds of ships and crews stuck and pushed up costs even as oil prices fell on deal hopes.