Trump says ‘very possible’ to reach agreement, Tehran yet to respond

U.S. President Donald Trump announced on Wednesday that the United States and Iran have held productive talks over the last 24 hours aimed at ending their two-month conflict. Sources indicate the two sides are close to a preliminary agreement that could lead to the reopening of the Strait of Hormuz, the lifting of U.S. sanctions, and new limits on Iran’s nuclear program. While President Masoud Pezeshkian expressed Iran’s readiness for a diplomatic solution, Iranian lawmakers cautioned that the current U.S. proposal remains more of a “wish-list” than a finalized deal.

Despite the diplomatic progress, Israeli Prime Minister Benjamin Netanyahu emphasized that he remains in daily coordination with the Trump administration to ensure shared objectives are met, specifically the removal of enriched nuclear material from Iran. While the U.S. remains optimistic about reaching a deal, the Israeli military has stated it remains on high alert and is prepared to launch large-scale operations if necessary. Financial markets responded positively to the news, with the S&P 500 rising following reports of the potential memorandum.

Credit : CGTN