- Iran and the U.S. have ramped up talks toward an interim deal to halt fighting — even as both sides have carried out recent strikes and still exchange messages on a draft understanding.
- The main hurdle is frozen Iranian oil revenues: Tehran wants $6–12 billion released now, while Washington prefers staged releases tied to humanitarian supplies.
- Militarily both sides appear stuck, and economic pressure (including a naval blockade and Strait of Hormuz tensions) is pushing Tehran toward a deal — Trump says any pact will be tougher than the 2015 agreement.
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