Trump on Iran: You will find out what the deal is
U.S. President Donald Trump has continued to assert his administration’s stance on negotiations with Iran, emphasizing a cautious and deliberate approach to finalizing a deal. In recent statements, Trump has instructed U.S. negotiators to avoid rushing the process, stating that “both sides must take their time”. This directive follows weeks of back-and-forth discussions aimed at extending the current ceasefire, reopening the Strait of Hormuz, and setting the stage for further talks on Iran’s nuclear program.
Trump has requested revisions to the proposed agreement, particularly concerning Iran’s nuclear commitments and the reopening of the Strait of Hormuz. While the exact nature of these changes has not been disclosed, officials have indicated that the modifications are primarily procedural and focus on securing stronger assurances from Iran. The U.S. has maintained a blockade of Iranian ports since early April, a measure Trump has stated will remain until an agreement is finalized.
The ongoing negotiations have had economic implications, particularly in the energy sector. The Strait of Hormuz, a critical global oil transit route, has been effectively closed by Iran, contributing to elevated oil prices. National Economic Council Director Kevin Hassett has noted that the U.S. and private companies still hold substantial oil reserves, which could help mitigate the impact of potential supply disruptions. However, if a deal is reached and the strait is reopened, it could take up to two months for oil supplies to normalize, according to Hassett.
Meanwhile, U.S. allies in the Gulf have expressed concerns about the potential for renewed hostilities if the current ceasefire collapses. Some U.S. lawmakers have criticized the proposed deal as too lenient, while others have praised the administration for compelling Iran into negotiations. Iran has also signaled skepticism, with officials emphasizing that no agreement will be approved until its “rights” are secured.
As the negotiations continue, Trump has maintained a firm stance on Iran’s nuclear ambitions, reiterating that Iran “must understand” it cannot develop a nuclear weapon. The final terms of the deal remain unclear, with Trump stating, “You will find out what the deal is”.
