US, Iran Far Apart in Talks to End War and Reopen Hormuz

By Salma El Wardany and Galit Altstein

May 11, 2026 (Bloomberg) –The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, with President Donald Trump calling the Islamic Republic’s reply to his proposed peace plan unworkable.

Tehran demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through Hormuz, according to a person familiar with the matter, who asked not to be identified discussing sensitive information.

Iran also insisted that any agreement must result in an immediate end to fighting, including in