US President Donald Trump stated on May 20 that the United States is prepared to take military action against Iran if a peace deal is not reached, but he is willing to wait a few days to receive 'the right answers.' Speaking at Joint Base Andrews, Trump emphasized that the situation is precarious and could escalate rapidly. Iran has warned that any further aggression would trigger a regional conflict, with its Revolutionary Guards stating that the consequences would extend beyond the region. In a strategic move, Iran has established the 'Persian Gulf Strait Authority' to regulate maritime traffic in the vital Strait of Hormuz, a critical passage for global oil shipments.

Diplomatic efforts continue, with Iran and the US exchanging messages mediated by Pakistan, which hosted the only round of peace talks so far. Iran's latest offer largely mirrors previously rejected terms, including demands for control over the Strait of Hormuz and lifting of sanctions. Trump faces mounting pressure as rising gasoline prices affect his approval ratings ahead of the congressional elections. Analysts suggest that the potential for a peace agreement is uncertain, with both sides maintaining firm positions.