Trump: Will Sign Only a Deal That's Good for the United States

The White House said that following yesterday’s talks with Iran, U.S. President Donald Trump will only approve an agreement that is “good for the United States” and that satisfies the administration’s stated red lines. The announcement came after high-level consultations at the White House as the administration weighed whether to move forward.

Officials said President Trump convened advisers in the Situation Room and left without making an immediate decision, leaving the tentative framework under review. U.S. and Iranian negotiators have reportedly discussed a memorandum of understanding that would extend the fragile ceasefire by 60 days while negotiators work through details on Iran’s nuclear program and related confidence-building measures.

According to U.S. officials, the proposed terms include strict conditions: Iran would be required to remove or render harmless certain stocks of enriched uranium, clear mines from the Strait of Hormuz and reopen the waterway to international navigation, and accept verifiable safeguards on its nuclear activities. Tehran has not publicly finalized approval and has signaled it requires concrete actions rather than assurances alone.

Markets are closely watching developments because the Strait of Hormuz handles roughly one-fifth of global oil flows; any assurance that the strait will reopen and remain secure would materially reduce near-term supply risk. Energy traders and risk managers have been pricing in geopolitical uncertainty, and a credible agreement could ease volatility in oil benchmarks while failure to reach terms would likely push risk premia higher.

In the broader geopolitical and economic context, the outline deal's scope—whether it includes sanctions relief or the release of frozen Iranian assets—will determine longer-term impacts on oil supply and regional trade. Confidence-building measures that are verifiable and sequenced carefully could lower risk for global energy markets, but persistent distrust between Washington and Tehran makes the path to a durable settlement uncertain.

Analysts say the outcome hinges on whether the memorandum meets the White House's red lines and wins the president's sign-off. If Trump approves a framework that includes firm verification and immediate steps to reopen Hormuz, markets may react positively; if not, volatility and safe-haven flows could intensify. Market participants will monitor White House statements and any formal confirmation from Tehran in the coming days.