2026-05-25 07:15 PM IST
Is the U.S.-Iran war nearing an end, or is this just political posturing? U.S. President Donald Trump has announced "significant progress" toward a peace agreement, revealing a largely negotiated Memorandum of Understanding backed by Gulf nations. While Trump boasts that the crucial Strait of Hormuz will reopen to ease global oil volatility, Iran`s Fars News Agency has quickly rejected major parts of the statement. We look at the latest updates, the critical role of Israel`s Benjamin Netanyahu in these talks, and the stark divide over who will actually control the world`s most important energy route.