President Donald Trump outlined specific demands for a peace deal with Iran in a lengthy statement posted to Truth Social on May 29, 2026 [1].

The proposal seeks to end the current U.S.–Iran war by addressing critical security and economic flashpoints in the Middle East [2]. A resolution would potentially stabilize global oil markets and prevent the escalation of nuclear proliferation in the region [2].

Trump said that a primary condition for the agreement is a permanent ban on the development of Iranian nuclear weapons [2]. The president also demanded a "toll-free" Strait of Hormuz, which would effectively lift the current naval blockade of the strategic waterway [2, 3].

Following a meeting in the White House Situation Room, Trump said he would soon make a "final determination" on the deal [1, 3]. This indicates a potential shift toward a definitive decision on whether the U.S. will accept the current terms of negotiation [3].

However, the White House has not officially confirmed that a final determination is imminent [4]. This discrepancy exists despite the president's public statements regarding the timeline for a decision [4].

Vice President JD Vance said a deal is close, but not yet finalized [3]. The administration continues to weigh the security requirements of the U.S. against the necessity of ending the conflict [3].

Trump called for a permanent ban on Iranian nuclear weapons.

The focus on the Strait of Hormuz highlights the economic dimension of the conflict, as the waterway is a primary artery for global oil shipments. By pairing this with a non-proliferation demand, the U.S. is attempting to leverage maritime trade stability in exchange for a total cessation of Iran's nuclear ambitions. The contradiction between the president's 'final determination' and White House silence suggests internal deliberation over the risks of a premature agreement.