• Trump paused ‘Project Freedom’ to guide ships through the Strait of Hormuz, claiming progress toward a deal with Iran.
  • Iran said it is reviewing a new US proposal, with reports of a possible 14-point memorandum.
  • Trump later changed tone, saying a deal is a ‘big assumption’ and threatening to resume bombing.
  • An Iranian parliamentarian dismissed the proposal as a ‘wish list’ and warned Iran is ready to respond.
  • Axios reported skepticism among US officials about a deal and who would approve it in Iran.
  • The plan would reportedly include a cessation of hostilities, followed by talks on the Strait of Hormuz and nuclear program.