US and Iran remain far apart on Hormuz deal

By The BriefBrief

The US and Iran stayed far apart on a deal to end weeks of war and reopen the Strait of Hormuz.

WHO: President Donald Trump

WHAT: Trump expressed renewed frustration with Tehran as the US and Iran remained far apart on a deal to end the fighting and reopen the Strait of Hormuz.

WHEN: May 17, 2026 at 8:55 AM ET

WHERE: USA

WHY: Trump reacted to Tehran and the lack of progress toward a deal to end the conflict and reopen the Strait of Hormuz, amid bond-market concerns about the conflict’s economic fallout.

How this story developed (showing 5 of 5 earlier reports)

Iran ramps up warnings to US as talks falter · May 16, 2026 at 12:03 PM ET
Trump says Iran war worth economic pain · May 16, 2026 at 7:09 AM ET
Iran war could shock $300B, raising mortgage rates · May 13, 2026 at 4:03 PM ET
Trump says he is not backing down as Iran war spikes costs · May 13, 2026 at 12:04 AM ET
Lawmakers Press Pentagon on Iran War Costs · May 12, 2026 at 5:04 PM ET

Reporting from 6 identified publishers across this event arc.

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Publishers represented across this event arc

Al Jazeera — View reporting
Bloomberg —
2 articles
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- View article 2
CBS News — View reporting
Financial Times — View reporting
MarketWatch — View reporting
Straits Times — View reporting

These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.

How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.

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