As the deadline for a potential breakthrough looms, the gap between US and Iran positions remains stark. Washington’s proposal centres on a 45-day ceasefire, keeping the Strait of Hormuz open, curbing nuclear ambitions, and rolling back support for regional proxies. Tehran, however, is pushing for a permanent end to hostilities, guarantees on safe passage, regional de-escalation including in Lebanon, and compensation for damages. The divide reflects a deeper structural clash, with the US seeking immediate behavioural change, while Iran demands long-term strategic assurances. With both sides holding firm, the big question remains: are these proposals a pathway to negotiations, or proof that a deal is still out of reach as tensions edge closer to a critical deadline?