President Donald Trump on Sunday said he has told representatives 'not to rush into a deal with Iran,' hours after indicating an agreement was largely negotiated. Writing on his social media platform, Trump stated that constructive talks are underway but 'both sides must take their time and get it right.' The potential deal is expected to end the war, reopen the Strait of Hormuz, and require Iran to give up its highly enriched uranium stockpile.
The reopening of the Strait of Hormuz would ease the global energy crisis triggered by the U.S. and Israeli bombardment of Iran on February 28, which led Tehran to close the waterway. Prices for oil, gas, and related products have spiked, and experts warn recovery will take weeks or months. Trump confirmed the U.S. blockade of Iranian ports will remain until an agreement is signed.
Under the emerging deal, Iran would give up its 440.9 kilograms of uranium enriched up to 60% purity, with some likely diluted and the rest transferred to a third country. Russia has reportedly offered to take the stockpile. A U.S. official confirmed a 60-day ceasefire period, with no sanctions relief unless Iran forfeits its enriched uranium.
Iran has not publicly committed to giving up its uranium. President Masoud Pezeshkian told state TV they are ready 'to assure the world that we are not after a nuclear weapon.' Iranian officials note narrowing differences with the U.S. but remain cautious after being attacked twice in the past year during nuclear negotiations.