U.S. President Donald Trump said a final decision on a proposed agreement with Iran could come soon as negotiations continue over a ceasefire extension and the future of the Strait of Hormuz. Trump confirmed that senior officials met in the White House Situation Room to review the latest draft agreement, but no final approval has been announced yet.
The main disagreement remains the Strait of Hormuz, one of the world’s most important oil-shipping routes. Trump has demanded that the waterway be fully reopened to international shipping and has insisted that Iran must not be allowed to develop nuclear weapons. Iranian officials, however, rejected several U.S. conditions and stated that decisions regarding the strait should involve regional partners, including Oman.
Reports indicate that negotiators have discussed a framework that could include sanctions relief, the release of frozen Iranian assets, and an extension of the current truce. Despite signs of progress, both sides continue to disagree on Iran’s nuclear activities, security guarantees, and long-term control of shipping routes through the Persian Gulf.
The tensions have already affected global energy markets. Concerns over disruptions in the Strait of Hormuz have pushed governments and businesses to closely monitor oil supplies, as nearly 20% of the world’s seaborne oil trade normally passes through the narrow waterway. Analysts warn that any collapse in negotiations could trigger fresh economic shocks and renewed military escalation in the region.
Meanwhile, U.S. Defense Secretary Pete Hegseth stated that the United States remains prepared to resume military action if diplomacy fails, while also expressing support for reaching a lasting agreement through negotiations.
News as Reported.
