Iran has received a response from the United States regarding a peace proposal aimed at ending hostilities in the Gulf region [1].

The development represents a potential diplomatic breakthrough in a volatile region where the Strait of Hormuz remains a critical global transit point. A successful agreement could stabilize energy markets and reduce the risk of direct military confrontation between the two nations.

Negotiations are being mediated through Pakistan [1]. The parties are currently reviewing a potential one-page, 14-point memorandum designed to cease Gulf war hostilities [3].

According to reports, Iran sent its initial peace proposal to the U.S. on May 18, 2024 [2]. The U.S. response to that proposal was reported on May 19, 2024 [4].

The Iranian proposal includes demands for reparations for war damage, and the withdrawal of U.S. troops from the region [4]. These terms seek to address the long-standing Iranian grievance regarding foreign military presence in the Gulf.

Despite the diplomatic movement, contradictory signals remain regarding the U.S. position. While some reports suggest the two countries are close to agreeing on the memorandum [3], President Donald Trump said the United States may strike Iran again [4].

Tehran is currently reviewing the U.S. response to determine if the terms are acceptable [1]. The outcome of this review will determine whether the 14-point framework can be transitioned into a formal treaty [3].

The parties are currently reviewing a potential one-page, 14-point memorandum.

The use of Pakistan as a mediator indicates a shift toward indirect diplomacy to bypass the lack of formal bilateral ties. However, the tension between the technical progress of a 14-point memorandum and the aggressive rhetoric from the U.S. presidency suggests that any deal remains fragile and subject to sudden political reversals.