WASHINGTON (May 7, 2026) – Iran is reviewing the U.S.’ peace proposal to formally end the war. President Trump confirmed the current negotiations, saying, “We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal.”
According to the memorandum, Iran would agree not to develop a nuclear weapon and stop enrichment of uranium for at least 12 years. In addition, the U.S. would lift sanctions and release billions of dollars in frozen Iranian assets. Both nations would also reopen the Strait of Hormuz–a critical waterway for oil exports–within 30 days of signing.
For more analysis on these developments, please consider Gordon Gray, the Kuwait Professor of Gulf and Arabian Peninsula Affairs at the GW Elliott School of International Affairs. Gray worked for the U.S. government for 35 years. Gray’s public service included U.S. Ambassador to Tunisia from 2009-2012, Senior Advisory to the Ambassador in Iraq 2008-2009, Deputy Assistant Secretary of State for Near Eastern Affairs from 2005- 2008. His other foreign assignments included Egypt (where he served as Deputy Chief of Mission from 2002 until 2005), Canada, Jordan, Pakistan, and Morocco, where he began his career as a Peace Corps volunteer. He twice received the Presidential Meritorious Service award.
To schedule an interview, please contact Nadia Payne at nadia [dot] payne
gwu [dot] edu (nadia[dot]payne[at]gwu[dot]edu) or GW media at gwmediagwu [dot] edu (gwmedia[at]gwu[dot]edu).
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