President Donald Trump announced Sunday, May 24, 2026 [1], that a new deal with Iran is largely negotiated and talks will resume soon.

The announcement comes as the U.S. seeks to resolve escalating tensions and end a conflict that has disrupted global markets and domestic stability. A successful resolution would potentially stabilize energy prices and reduce the risk of further military escalation in the region.

Trump told negotiators not to rush the process, emphasizing the need for a sustainable agreement. He said the war could end quickly and predicted that global oil prices would plummet once the conflict concludes [3].

Reports indicate that Tehran may be ready to give up enriched uranium as part of the forthcoming settlement [2]. This concession would represent a significant shift in Iran's nuclear posture and a primary objective for U.S. diplomacy.

Despite the optimistic outlook from the White House, the situation remains volatile. Reports surfaced of shots being fired near the White House area following the announcement [2].

While Trump expressed confidence in a rapid resolution, other accounts suggest the conflict has had a prolonged impact. Some reports indicate that various states continue to struggle with a fluoride crisis resulting from the ongoing war [4].

The administration continues to balance the pressure for a swift end to hostilities with the strategic requirement of a comprehensive deal. Trump said the current trajectory points toward a settlement that addresses the core drivers of the conflict [1].

The war could end very quickly

The shift toward a negotiated settlement suggests the U.S. is prioritizing a diplomatic exit to mitigate economic instability, specifically regarding oil volatility. However, the discrepancy between the president's timeline and the reported ongoing domestic crises indicates a gap between diplomatic signaling and the operational reality of the conflict's aftermath.