American and Iranian negotiators believe they have arrived at a draft agreement. Last Updated: May 29, 2026, 7:11 PM EDT President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites. Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal. Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations are concluded "one way or the other." Key Headlines May 29, 2026, 4:15 PM EDT May 29, 2026, 3:54 PM EDT May 29, 2026, 2:03 PM EDT May 29, 2026, 2:03 PM EDT Here's how the news is developing. May 29, 2026, 7:10 PM EDT US military searches have not found any mines in Strait of Hormuz: US official U.S. military searches so far have not found any Iranian mines that may have been placed in the Strait of Hormuz, according to a U.S. official. U.S.…