What are the key terms of Iran's latest peace proposal as reported in the news?

Iran's latest peace proposal includes a one-month deadline for talks to reopen the Strait of Hormuz and end both the US naval blockade and fighting in Iran and Lebanon; if such a pact is reached, a second month of discussions would begin to address Iran’s nuclear program. The proposal is described as a '14-point plan' titled 'a clear roadmap for ending the imposed war,' transmitted via Pakistani mediators, according to Iran’s semi-official Fars News Agency.

How did President Trump respond to Iran's peace offer?

Trump said he would review the plan but cast doubt on its acceptability, stating on Truth Social: 'can’t imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to Humanity, and the World, over the last 47 years'; he also expressed frustration with the lack of progress in talks and said he would prefer not to restart hostilities but added, 'I would say that I am not happy.'

Trump Weighs Iranian Peace Offer Without Ruling Out More Strikes

May 3, 2026

President Trump reviews Iran's peace proposal amid ongoing Strait of Hormuz blockade, driving oil prices near $108 per barrel and forcing global shipping reroutes.

bloomberg

2026-04-13

Trump Vows to Hit Iranian Ships as Hormuz Blockade Takes Effect

2026-04-21

Stocks Rise, Oil Jittery as Proposed Trump-Iran Ceasefire Tested

2026-05-01

Trump Vows to Maintain Naval Blockade on Iran

2026-05-02

Trump Prefers Not to Strike Iran Amidst Mounting Frustration

2026-05-03

Trump Weighs Iranian Peace Offer Without Ruling Out More Strikes