Trump Weighs Final Decision on Proposed Iran Deal
President Trump said Friday he would decide on a potential agreement to extend a ceasefire with Iran. Tehran stated it would judge any deal by U.S. actions rather than words.
abcnews.go.comTrump wrote in a social media post that he would meet in the Situation Room to decide. He reiterated demands that Iran forgo nuclear weapons and open the strait, adding that Tehran would remove mines, the United States would lift its naval blockade of Iranian ports, and both sides would coordinate on removing enriched uranium.
Iran's top negotiator, Mohammad Bagher Ghalibaf, wrote on X that Tehran places no trust in guarantees or words and will only act after the other side moves first. Iran's Foreign Minister Abbas Araghchi told his Omani counterpart that reaching an agreement depends on ending what he described as excessive U.S. demands and shifting positions, according to a ministry statement.
Recent Developments U.S.
Vice President JD Vance told reporters Thursday that a lot of progress had been made. US sources told AFP the draft deal required only Trump's sign-off. Iranian state media reported that 24 ships transited the strait in the past 24 hours in coordination with the Revolutionary Guards.
The same reports warned that ships from hostile countries would face a severe response. On the Lebanon front, Lebanon's culture minister told AFP that Israeli forces struck a medieval castle overlooking Nabatieh. Both sides continue to accuse each other of violating the April 17 ceasefire.
" — President Donald Trump, May 29, 2026 (AFP) Energy markets reacted to the diplomatic signals, with oil prices easing slightly and Asian stock markets rising on Friday.
Key Facts
Story Timeline
4 events- May 29, 2026
President Trump said he would decide on the Iran deal in the Situation Room.
3 sourcesAFP · Al-Monitor · Jerusalem Post - May 29, 2026
Iran's top negotiator said Tehran would judge any deal by U.S. actions, not words.
3 sourcesAFP · Al-Monitor · Jerusalem Post - May 28, 2026
Vice President JD Vance said a lot of progress had been made on the deal.
2 sourcesAFP · Al-Monitor - May 28, 2026
Iranian state media reported 24 ships transited the Strait of Hormuz in 24 hours.
1 sourceAl-Monitor
Potential Impact
- 01
Normal shipping through the Strait of Hormuz could resume if the deal is approved.
- 02
Oil prices could fall further if shipping lanes reopen.
Transparency Panel
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