This browser does not support the Video element.
A potential peace plan between the United States and Iran is still in the works as Americans observe Memorial Day Monday.
The discussions between the two nations are "much more professional and productive," President Donald Trump stated Sunday in an update on the negotiations.
Over the weekend, the president said a deal was nearly complete and going through the finalization process. Trump added in his latest post that U.S. negotiators were told not to "rush into a deal."
Arleigh Burke-class guided-missile destroyer USS Rafael Peralta (DDG 115) patrols the Arabian Sea enforcing a maritime blockade against ships entering or exiting Iranian ports and coastal areas, May 18, 2026. Rafael Peralta is deployed to the U.S. 5t …
Big picture view:
Few details about the proposal have been released publicly. When discussing the state of negotiations, Secretary of State Marco Rubio offered assurances that the U.S. has secured one of Trump’s main goals of "a world that no longer has to be in fear or worry about an Iranian nuclear weapon."
Two regional officials said that Iran has agreed to give up its stockpile of highly-enriched uranium. One official, who has direct knowledge of the talks, said how Iran will surrender is subject to further negotiations over the next 60 days.
Here are the latest updates:
Global shares gain and oil prices fall
7:00 a.m. ET: Global shares mostly rose Monday and oil prices sank more than $4 after Trump said talks on ending the war with Iran were progressing.
The Source: Information for this article was taken from The Associated Press and Truth Social. This story was reported from Orlando.