President Donald Trump said U.S. negotiators are moving toward a final agreement with Iran to end a conflict lasting more than two months [3].

A resolution would reopen the Strait of Hormuz for commercial shipping and address the unfreezing of Iranian assets held abroad. Because the strait is a critical global oil chokepoint, any ceasefire would likely stabilize international energy markets and reduce regional military tensions.

Trump said to CBS News that the U.S. is getting a lot closer to an agreement with Iran. He said a peace deal could be a week away [2]. However, the president provided conflicting assessments of the current progress. While expressing optimism in some interviews, he said to AP News, "I'm not satisfied with Iran's latest proposal."

In a separate briefing with PBS NewsHour, Trump said the ceasefire is on life support. Despite this, he said he would wait a couple of days for a response from Iran [1].

Recent military maneuvers have also shifted as negotiations continue. Trump ordered a pause on "Project Freedom" after less than 24 hours of progress [4]. This pause suggests a tactical pivot toward diplomacy as the negotiation team reviews the latest Iranian terms.

The current talks aim to resolve the immediate hostilities that have disrupted maritime trade and diplomatic relations for several weeks. The U.S. team is currently evaluating whether the Iranian proposal meets the requirements for a sustainable ceasefire.

"We're getting a lot closer to an agreement with Iran."

The contradictory nature of the president's statements suggests a high-stakes negotiation where the U.S. is leveraging the threat of resumed military action, such as Project Freedom, to extract better terms. The focus on the Strait of Hormuz and frozen assets indicates that economic levers remain the primary tools for forcing a diplomatic breakthrough.