President Donald Trump told Israeli Prime Minister Benjamin Netanyahu on May 23 that the US would not sign a final deal with Iran unless it included the complete dismantlement of Iran’s nuclear program and the removal of all enriched uranium from Iranian territory.

Trump described a broader US-Iran peace framework as “largely negotiated,” with final details expected to be disclosed shortly.

What’s actually on the table

The preliminary framework centers on Iran’s commitment to relinquish its enriched uranium stockpile, though the specific mechanics of that handover are still being worked out.

One of the more immediate components of the deal involves reopening the Strait of Hormuz, a narrow waterway between Iran and the Arabian Peninsula through which a massive share of global oil shipments pass daily.