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According to Iran's Fars News Agency: Despite US President Trump's claim that the Strait of Hormuz will be restored to its original state, the strait will remain under Iranian control.

On May 24th, Al Jazeera, citing sources, reported that the draft agreement to be finalized includes the following: ending the war on all fronts, including Lebanon; unfreezing billions of dollars of frozen Iranian funds; lifting the US naval blockade and opening the Strait of Hormuz; and the withdrawal of US troops from areas near Iran. Following this, the two sides will have 30 days to reach an agreement on the nuclear issue, a period that can be extended by mutual agreement. During these 30 days, passage through the strait will be facilitated. Iran stated that the management of the Strait of Hormuz is a matter between Iran and Oman, and that it is currently consulting with Oman.

According to the Iranian Students' News Agency, the Egyptian Foreign Minister spoke by phone with the US Special Envoy to West Asia to discuss the latest developments in US-Iran negotiations.

The China Earthquake Networks Center officially reported that a magnitude 3.2 earthquake occurred at 03:55 on May 24 in Toksun County, Turpan City, Xinjiang (42.27°N, 88.23°E), with a focal depth of 26 kilometers.

Iranian President: Iran seeks its legitimate rights in negotiations with the United States, but past experiences require us to remain cautious.

Two Pakistani sources familiar with the negotiations said the U.S. is expected to respond to the latest proposal on Sunday.

According to Fox News: The U.S. Embassy in Ukraine has issued a security alert.

According to Fox News: The U.S. Embassy in Ukraine has warned of a possible large-scale airstrike.

On May 24, the Iraqi military issued a statement saying that it had killed four militants from the extremist group "Islamic State" in airstrikes and ground operations in Kirkuk province in northern Iraq.

Qatar Emir's Palace: The Emir of Qatar speaks with the Saudi Crown Prince by phone to discuss diplomatic efforts to ease tensions.

According to Iran's Fars News Agency, negotiations will not proceed unless three issues are resolved.

Ukrainian President Zelenskyy said he has found signs that Russia is preparing to launch an attack on Ukraine.

Iranian Foreign Ministry: Araghchi briefed the Saudi Foreign Minister on diplomatic progress in preventing escalation and ending the war during a phone call.

According to Axios, citing Israeli officials, Israeli Prime Minister Benjamin Netanyahu urged US President Donald Trump to resume strikes against Iran. The report also stated that Netanyahu is extremely concerned about the US-Iran agreement currently being drafted.

According to an Axios reporter, US President Trump told me that he believes Israeli Prime Minister Netanyahu is not worried about a potential agreement between the US and Iran.

On May 24, U.S. Defense Secretary Peter Hegses stated that he has ordered airborne and rapid reaction forces to be on standby for deployment to the Middle East as an "ironclad shield" protecting U.S. bases and Americans from threats posed by Iranian proxies. This includes U.S. forces using HIMARS rocket artillery to assist in sinking Iranian naval vessels. Hegses said, "I know the Army likes to sink the Navy—it's currently the only Navy you're allowed to sink."