Mediators push to break US-Iran deadlock - FT

29 Sep 2026 18:31Energy US Bonds US Indexes USD
  • Mediators are renewing efforts to negotiate a settlement between the United States and Iran, days after President Donald Trump rejected an Iranian request to reopen the Strait of Hormuz and restart talks to end the war.
  • Negotiators were due to give over the latest updated copy of a potential interim agreement to Iran on Tuesday, following a day of back-and-forth between US and Iranian officials, according to two individuals briefed on the talks.
  • Under the terms of the agreement, which mediators hope could restart talks on a final settlement to end the war, Iran would allow free movement of traffic through the Strait of Hormuz, and the US would ease its blockade of Iranian ports in exchange.
  • According to one of the officials, progress had been made, but the parties were still negotiating the sequencing of the agreement's next steps.