Vehicles pass by a giant billboard supporting the Iran national football team in the upcoming 2026 World Cup, which was installed on a building in Enghelab Square, Tehran, May 18, 2026.
– | AFP | getty images
Iran said on Thursday it was reviewing the Trump administration’s latest proposal to end the war, as the US president said he was willing to wait a few more days to “get the right answer” from Tehran.
Iran’s Foreign Ministry spokesman Esmail Baghai said the Islamic Republic has received the US side’s views and is reviewing them, according to state agency Noor News.
Baghai said Pakistan, which hosted peace talks between the US and Iran last month, continues to mediate exchanges between Tehran and Washington, adding that there had been several rounds of communications based on Iran’s original 14-point framework.
Pakistan army chief Asim Munir is expected to visit the Iranian capital on Thursday as part of the ongoing mediation talks between Washington and Tehran, according to Iranian news agency ISNA.
Talks to end the Iran war have made little progress in recent weeks, with the two sides locked in an uneasy standoff as Tehran blocks the strategically important Strait of Hormuz and Washington blockades Iranian ports.
About 20% of the world’s oil and liquefied natural gas passed through the Strait of Hormuz before the war, but shipping traffic has virtually ground to a halt since the US and Israel-led strikes against Iran began on February 28.
“Believe me, if we don’t get the right answers, this is over very quickly. We’re all ready to go,” President Donald Trump told reporters at Joint Base Andrews on Wednesday.
Asked how long he was willing to wait, Trump replied: “It might take a few days, but it might happen very quickly.”
Trump has repeatedly warned of renewed strikes against Iran if the two sides fail to agree on a deal, delaying his deadline.
The US President said he was “an hour away” from deciding to attack Iran on Tuesday, after he was persuaded to postpone the strike.
Iran’s Revolutionary Guard has warned against any further attacks on the country. In a strongly worded statement on Wednesday, the paramilitary group threatened to escalate the Middle East conflict “beyond the region” if the US and Israel resumed attacks against the country.
U.S. President Donald Trump speaks to reporters after disembarking from Air Force One at Joint Base Andrews, Maryland, on May 20, 2026, as he returns to Washington, D.C., after delivering the commencement address to the U.S. Coast Guard Academy’s 2026 graduating class.
Kent Nishimura | AFP | getty images
Oil prices rose on Thursday morning as energy market participants closely monitored the outcome of peace talks.
International Brent crude futures were trading 1.3% higher at $106.37 a barrel, reversing some of its losses in the previous session. We West Texas Intermediate Futures were last seen trading 1.3% higher at $99.54 a barrel.