White House calls Iran reports on peace deal a ‘total fabrication’ amid ongoing tensions

President Donald Trump is reportedly convening his cabinet today, May 27, 2026, as negotiations with Iran reach a critical juncture regarding a potential peace agreement. Iranian state media claims a draft memorandum of understanding (MoU) is in circulation, outlining a framework to resolve the recent conflict. This proposed deal, according to these reports, aims to end the United States' naval blockade against Iran and facilitate the full reopening of the vital Strait of Hormuz for commercial shipping.

However, the path to a final accord remains contentious. While the draft reportedly includes the withdrawal of US forces from Iran's vicinity, the lifting of sanctions, and discussions on Iran's nuclear program, significant disagreements persist. Iran has pushed back against claims of a finalized deal, asserting its intent to retain control over the Strait of Hormuz and demanding immediate sanctions relief before making major concessions, indicating that a comprehensive agreement is not yet secured despite ongoing diplomatic efforts.