A potential peace deal between the U.S. and Iran is emerging, but significant hurdles remain.
- President Trump and officials temper expectations of an imminent agreement. - Disputes over frozen funds and nuclear issues jeopardize the deal.
- Talks focus on reopening the Strait of Hormuz, with oil prices rising. - Israel opposes a deal that includes a stop to the war in Lebanon.
The situation remains fluid, with both sides signaling willingness to negotiate but also preparing for alternatives.