U.S. President Donald Trump said on Friday that he was preparing to make a final decision on a possible agreement with Iran, while spelling out the conditions he wants Tehran to accept.
In a post on Truth Social, Trump said he would meet in the White House Situation Room to make a “final determination” on the deal, as the talks remained closely tied to the future of the Strait of Hormuz and Iran’s nuclear programme.
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🚨 NOW: President Trump has CONCLUDED his high-stakes Situation Room meeting on the Iran deal
— Eric Daugherty (@EricLDaugh) May 29, 2026
47 is barreling towards ONLY making a deal if it's best for America, rather than what Barack Hussein Obama did.
"We're told he wrapped up short time ago a very high-level meeting in… pic.twitter.com/aGI4jld73K
The terms are laid upon the table
Trump listed several demands for any agreement, including that Iran agree not to develop a nuclear weapon, allow the Strait of Hormuz to reopen for unrestricted shipping, remove sea mines and permit the destruction of its highly enriched uranium by the United States.
He also wrote, “No money will be exchanged, until further notice,” while saying that “other items, of far less importance, have been agreed to.”
JUST NOW: President Trump Posted: "Iran must agree that they will never have a Nuclear Weapon or Bomb.
— Donald J Trump Posts TruthSocial (@TruthTrumpPost) May 29, 2026
The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions."
The vital Strait of Hormuz — through which 20% of the world’s… pic.twitter.com/pXZu2nGj8S
The agreement awaits its final nod
A day earlier that the United States and Iran had reached an agreement in principle to extend their ceasefire and lift restrictions on shipping through the strait, but that Trump had not yet approved it and Iranian state media said it was not finalised.
The proposed deal would allow unrestricted shipping through the waterway, require the lifting of the U.S. blockade on Iranian ports and include some sanctions relief on Iranian oil sales.
The diplomatic game remains afoot
The negotiations have unfolded against a backdrop of repeated military exchanges and uncertainty over whether a broader settlement is within reach.
The talks have centred on the Strait of Hormuz, Iran’s stockpile of highly enriched uranium and the possible release of frozen Iranian funds. US Vice President JD Vance said the two sides were “very close,” but added, “I can’t guarantee that we’re going to get there.”
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The last pieces refuse to fall neatly
Trump has repeatedly said in recent weeks that an end to the conflict is close, while Iran has maintained that sanctions relief, the unfreezing of assets and a withdrawal of US forces from the region remain central to any accord.
Washington has continued to press Tehran to dismantle its nuclear programme, which Iran says is for peaceful purposes.