President Donald Trump states Iran has a final opportunity to sign a deal before potential military action.
President Donald Trump stated that Iran currently faces its "last chance" to sign a deal with the United States, noting that he has no time constraints on the negotiations because he is not seeking reelection. The administration announced that the president called off planned strikes over the weekend to allow for further talks, though Tehran has denied that negotiations are currently in progress. While President Donald Trump described Iranian leadership as "unbelievably duplicitous" for contradicting his claims of upcoming talks, he emphasized that a successful agreement would prevent significant military consequences. Meanwhile, the Strait of Hormuz remains a point of contention, with Saudi Aramco CEO Amin Nasser reporting that 2.6 billion barrels of crude oil have been lost from global supplies due to the conflict. Nasser noted that trade flows through the waterway are currently at a tenth of pre-conflict levels, creating pressure on global energy supplies and increasing costs for shipping and insurance.