Overview
- Both governments described a major advance on Saturday with President Trump saying a deal was "largely negotiated" and Iranian officials saying a protocol was in a finalization phase.
- Reported terms under discussion include reopening the Strait of Hormuz to commercial shipping, partial unfreezing of Iranian assets and a short follow‑on negotiation window of about 30 days.
- Pakistan has taken the lead as mediator with army chief Asim Munir visiting Tehran this week and Islamabad coordinating further talks with Gulf states and Qatar.
- Despite the diplomatic push, U.S. military planning for possible strikes and Iranian warnings of heavy retaliation have continued, keeping the agreement fragile.
- The conflict has caused thousands of deaths and disrupted global energy flows, so a phased deal could restore commercial transit and ease economic pressure even as core disputes remain unresolved.