
According to a senior Iranian source, no deal has been reached as talks continue; uranium control, enrichment, and the Strait of Hormuz remain central obstacles with implications for regional tensions and oil markets.
Talks on a framework to end the U.S.-Iran conflict remain active but unresolved. A senior Iranian source said no agreement has been reached yet, though gaps have narrowed, while identifying Iran’s uranium enrichment and control over the Strait of Hormuz as key sticking points. This aligns with earlier reporting that Khamenei refused to hand over Iran’s uranium stockpile, deepening a core impasse in negotiations after Trump said the United States would retrieve and likely destroy the material. Previous reports said mediators were drafting a letter of intent to formally end the war and open 30 days of talks on Iran’s nuclear program and the Strait of Hormuz, while Iran was reviewing a new U.S. proposal and maintaining demands including an end to hostilities, economic relief, war compensation, and oversight in the waterway. The unresolved nuclear and maritime disputes continue to raise risks for oil markets and regional stability.