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US and Iran Far Apart in Talks to End War and Reopen Hormuz: Bloomberg's Dan Williams Reports
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May 11, 2026
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3:01Now PlayingThe 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 Lebanon, where Israel is waging a parallel war against militant group Hezbollah, the person said.
Bloomberg's Dan William speaks with Tom Keene and Paul Sweeney with the latest from Jerusalem.
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