U.S. and Iran signal peace progress — but remain at odds over uranium enrichment, Strait of Hormuz

An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images The U.S. and Iran have signaled progress in talks to end the war, but the combatants remain at loggerheads over Tehran's enriched uranium stockpile and tolls on the strategically vital Strait of Hormuz. U.S. …