President Donald Trump is considering a proposed agreement aimed at ending the conflict between the United States and Iran that began three months ago and reopening the Strait of Hormuz to international maritime traffic. The issue was the focus of a high-level meeting in the White House Situation Room on the evening of May 29, during which Trump and his senior aides discussed whether to accept the terms of the deal.

Trump announced on his social media platform that the U.S. blockade of Iranian ports would be lifted and that Iran would undertake the immediate removal or detonation of mines placed in the Strait of Hormuz. This action would allow hundreds of vessels currently delayed on either side of the strategic waterway to resume transit without restrictions or tolls. Trump described the potential reopening as a move to facilitate the return of commercial shipping and extended a personal message to those affected by the blockade.

The agreement reportedly includes a commitment by Iran to dismantle or hand over to the International Atomic Energy Agency (IAEA) its stock of enriched uranium stored in collapsed bunkers. Trump emphasized that no financial transactions would take place between Washington and Tehran "until further notice," while also noting that other lesser issues had been resolved as part of the accord.

According to U.S. officials, the proposed memorandum of understanding would span 60 days, providing an interim ceasefire while setting the stage for broader negotiations. Under this draft deal, Iran would clear mines from the Strait of Hormuz, refrain from interfering with commercial vessels, and abandon demands for transit tolls. In exchange, the United States would end its port blockade and permit shipping to resume through the crucial maritime chokepoint.

The pact reportedly contains provisions aimed at addressing Iran's nuclear program, including a pledge not to pursue nuclear weapons and the commencement of talks to manage and dispose of uranium enriched to near-weapons grade. These diplomatic discussions would be prioritized during the 60-day period. Additionally, the agreement envisions the cessation of hostilities between Israel and Hezbollah, which has caused extensive damage in southern Lebanon.

In return for Iran’s commitments, the U.S. would consider releasing frozen Iranian assets, discuss lifting some sanctions, and work toward establishing mechanisms to allow humanitarian aid and other essential goods to reach Iran.

In a recent interview on Fox News, Trump characterized the Iranian negotiators as “very good” and “crafty,” but asserted that the U.S. maintains a dominant position, citing the decimation of Iran’s navy and air force. He characterized the remaining Iranian military forces as relatively moderate, implying the U.S. retains significant leverage in any future negotiations.

The fate of the agreement now rests with the president, who must decide whether to formalize the tentative pact and potentially de-escalate tensions in the region after months of conflict.