Iran war: Trump optimistic for deal as Tehran yet to respond

What you need to know

• US President Donald Trump described the latest round of talks as 'very good'
• Iran's Foreign Ministry said on Wednesday that a US proposal was 'under review'
• The US State Department reportedly warned staff about using confidential information to place bets on prediction markets like Polymarket and Kalshi

Welcome to DW's coverage of the ongoing conflict in the Middle East on Thursday, 7 May, 2026. You can catch up on Wednesday's developments here.

Trump says Iran deal 'very possible'

US President Donald Trump has expressed optimism over the latest round of peace negotiations with Iran.

"We've had very good talks over the last 24 hours, and it's very possible that we'll make a deal," he told reporters in the Oval Office late on Wednesday.

Later on Wednesday, during a tele-rally for a Republican gubernatorial candidate, Trump again promised "it'll be over quickly."

But Trump also threatened to resume bombing Iran if it doesn't agree US demands to end its nuclear program and reopen the Strait of Hormuz.

"If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," he wrote on his Truth Social platform.

A spokesperson for Iran's Foreign Ministry said a proposal put forward by the us was "under review" and that Tehran's response would be communicated to mediator Pakistan "after finalizing its views."

US-Iran war: What options are left for Trump on Iran?

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video

Welcome to our coverage

Hello and welcome to DW's coverage of the ongoing conflict in the Middle East on Thursday, 7 May, 2026.

Iran's Foreign Ministry said on Wednesday that a ceasefire proposal put forward by Washington was "under review."

US President Donald Trump later said on social media that "it's very possible that we'll make a deal."

Meanwhile, the US State Department has warned government officials about using betting sites like Polymarket and Kalshi. It comes after numerous media reports of money pouring into wages regarding the US-Iran ceasefire negotiations.

Stay tuned for more throughout the day in our blog.