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Trump says Iran deal ends war, reopens Strait.

5/24/2026

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Summary

Story summary

President Donald Trump said on May 23 that an Iran memorandum would end the war and reopen the Strait of Hormuz.
Iranian officials said the draft would stop fighting, lift the U.S. blockade, allow free traffic and release $25 billion in frozen assets.
Pakistani mediators described a plan that ends the war, reopens the Strait and gives a 30-day window for talks as U.S. officials said nuclear issues will be addressed separately.

History

Historical Context

In November 1979, after the Iranian Revolution, the Muslim Student Followers of the Imam’s Line seized the U.S. embassy in Tehran, holding 52 American diplomats for 444 days and prompting President Jimmy Carter to freeze Iranian assets. The Trump-backed memorandum, negotiated with Pakistan, mirrors it by proposing to lift Strait of Hormuz blockade and release frozen funds to restore Gulf shipping and ease U.S.–Iran tensions.

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Story summary

President Donald Trump said on May 23 that an Iran memorandum would end the war and reopen the Strait of Hormuz.
Iranian officials said the draft would stop fighting, lift the U.S. blockade, allow free traffic and release $25 billion in frozen assets.
Pakistani mediators described a plan that ends the war, reopens the Strait and gives a 30-day window for talks as U.S. officials said nuclear issues will be addressed separately.

1 / 2