President Donald Trump said the U.S. does not intend to rush a peace agreement with Iran and noted the deal is not fully negotiated.
The resolution of these tensions is critical for global trade and regional stability, as the proposed agreement aims to reopen the Strait of Hormuz for maritime traffic.
Reports surfaced on Sunday, May 24, 2026 [1], suggesting a deal could be signed immediately. Some reports indicated that a preliminary text existed which would include a 30-day window for implementing measures to reopen the strategic waterway [3]. However, Trump contradicted the notion of an imminent signing, saying that the agreement has not been seen by anyone and is not yet fully negotiated [2].
"We do not intend to 'rush' a peace agreement," Trump said [1].
Despite the president's caution, other accounts suggested he had previously promised a resolution by Sunday [1]. This discrepancy highlights a tension between the administration's public messaging and the reported diplomatic timeline. The Strait of Hormuz remains a primary point of contention, as its closure disrupts the flow of oil, and commercial goods.
Iranian officials have not confirmed any specific deadline for the signing of the agreement [3]. The lack of a formal response from Tehran leaves the timeline for the 30-day maritime measures uncertain. The negotiations continue to focus on nuclear constraints, and the restoration of shipping lanes to end the broader Middle East conflict [3].
"The agreement has not been seen by anyone, nor is it 'fully negotiated'," Trump said [2].
“"We do not intend to 'rush' a peace agreement,"”
The conflicting reports regarding a May 24 deadline suggest a gap between diplomatic aspirations and the reality of the negotiations. While the U.S. seeks to stabilize the Strait of Hormuz to secure global energy markets, the lack of confirmation from Iran and the president's own hesitation indicate that a comprehensive nuclear and maritime deal remains elusive.
