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Trump Weighs Iran Deal as Tehran Disputes Key Terms of Proposed Agreement

Iran Deal

President Trump speaking to the media before departing White House. Photo Credit AFP

Posted: May 29, 2026 at 3:33 pm   /   by   /   comments (0)

President Donald Trump said Friday he was preparing to make a final decision on a proposed agreement with Iran aimed at ending months of military confrontation, even as Iranian officials publicly disputed several conditions that Trump said were essential to any deal.

In a post on his Truth Social platform, Trump announced he would meet with senior national security advisers in the White House Situation Room to determine whether to approve a framework that could extend the fragile ceasefire between Washington and Tehran and open the door to broader negotiations over Iran’s nuclear program and regional security activities.

“I will be meeting now, in the Situation Room, to make a final determination,” Trump wrote.

The announcement marked the latest twist in a conflict that has rattled global energy markets, heightened tensions across the Middle East, and raised fears of a wider regional war.

Trump Lists Conditions

Trump said Iran must permanently abandon any pursuit of nuclear weapons and allow the destruction of highly enriched nuclear material remaining at sites damaged during previous U.S. military operations. He also demanded that the Strait of Hormuz, one of the world’s most important oil transit routes, remain open to unrestricted international shipping without tolls or restrictions.

The president further stated that a U.S. naval blockade imposed during the conflict would be lifted and that remaining naval mines in the region would be removed. Trump’s comments suggested progress toward a diplomatic settlement, though administration officials have not released the full text of any draft agreement.

Financial markets reacted positively to the prospect of de-escalation. Oil prices fell on Friday after Trump’s remarks, reflecting expectations that disruptions to global energy supplies could ease if negotiations succeed.

Iran Pushes Back

Iranian officials quickly challenged Trump’s description of the proposed agreement. The Iranian state-affiliated news agency Fars reported that several provisions cited by Trump do not appear in the draft currently under discussion. According to the report, the proposed framework contains no requirement that Iran dismantle or destroy its nuclear materials and includes no clause prohibiting future transit fees through the Strait of Hormuz.

Fars also claimed that one of Tehran’s central demands is the immediate release of approximately $12 billion in frozen Iranian assets, a condition that Trump explicitly rejected in his social media statement.

The conflicting accounts underscored the fragile nature of the negotiations and highlighted the substantial gaps that remain between the two sides. Neither the White House nor Iranian officials released the full text of the draft agreement on Friday.

Ceasefire Framework Emerges

A White House official confirmed Thursday that American and Iranian negotiators had reached a 60-day memorandum of understanding designed to preserve the current ceasefire and create a framework for further talks.

Under the reported arrangement, both sides would suspend certain military activities while negotiators address some of the most contentious issues, including uranium enrichment, sanctions relief, maritime security, and access to frozen Iranian funds. The temporary agreement would also reportedly require Iran to remove mines from shipping lanes while the United States scales back naval restrictions imposed during the conflict.

Diplomats familiar with previous negotiations have noted that temporary arrangements are often used to reduce immediate tensions while more difficult issues are addressed through longer-term talks.

Strait of Hormuz Remains Flashpoint

The negotiations come as tensions remain high in and around the Strait of Hormuz, the narrow waterway through which roughly one-fifth of the world’s oil supply passes. The Pentagon said Thursday that Iran had launched a ballistic missile toward Kuwait and deployed attack drones in areas surrounding the strait.

Iranian media, meanwhile, reported missile launches against unspecified targets and portrayed the country’s military posture as a response to U.S. pressure. The strategic importance of the waterway has made it a focal point of the crisis. Any disruption to shipping through the strait can rapidly affect energy prices and global trade.

The U.S. Treasury this week announced additional sanctions targeting individuals and entities accused of helping Tehran expand control over maritime transit in the region.

Regional Tensions Continue

The dispute has also drawn neighboring countries into the diplomatic confrontation. Oman, which has historically played a mediating role between Washington and Tehran, has reportedly explored proposals related to commercial transit through the Strait of Hormuz.

Trump sharply criticized those discussions earlier this week and warned against any measures that could restrict shipping access. Iranian Foreign Minister Abbas Araghchi said Friday that he had spoken with Omani officials and expressed support for the Gulf nation’s sovereignty amid growing tensions.

Meanwhile, statements from Iranian political leaders reflected continuing skepticism toward Washington’s intentions. A social media account associated with Iranian parliamentary speaker Mohammad Bagher Ghalibaf suggested that Tehran would judge any agreement by actions rather than promises, emphasizing that Iran remains prepared for further confrontation if negotiations collapse.

Uncertain Path Forward

The latest developments illustrate the challenge facing negotiators as they attempt to transform a temporary ceasefire into a lasting agreement. While both Washington and Tehran have signaled an interest in avoiding a broader war, significant disagreements remain over sanctions, nuclear restrictions, maritime security, and the release of frozen assets.

For now, the fate of the proposed deal rests largely on decisions expected from both governments in the coming days. Whether the emerging framework becomes a durable peace agreement or merely a pause in hostilities may determine not only the future of U.S.-Iran relations but also the stability of one of the world’s most strategically important regions.

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