President Donald Trump entered the White House Situation Room on Friday, May 29, 2026 [3], to make a final determination on a potential deal with Iran [1].

The decision carries significant global economic weight because the proposed agreement would immediately reopen the Strait of Hormuz without tolls [2]. This critical waterway is a primary artery for global oil shipments, and its closure has strained international markets during the ongoing conflict.

The proposal under review requires Iran to abandon any nuclear weapons program and adhere to strict non-proliferation conditions [2]. These terms are designed to ensure long-term regional stability by removing the threat of a nuclear-armed Tehran [3].

The meeting lasted two hours [4]. During this session, the president evaluated the terms of the ceasefire and the specific requirements for the reopening of the strait [2]. This deliberation comes as the Middle East conflict has reached its 69th day [5].

Reports on the outcome of the meeting vary. CNN said Trump concluded the session without announcing a decision [1]. The New York Times said Trump put off a final determination on the proposal [3].

The administration has balanced the need for an immediate end to the maritime blockade with the requirement for verifiable nuclear disarmament [2]. The Situation Room meeting served as the final vetting process for these conditions before a formal response is delivered to Iranian representatives [1].

The proposed agreement would immediately reopen the Strait of Hormuz without tolls.

The delay in a final decision suggests the U.S. administration is leveraging the urgency of the Strait of Hormuz closure to secure more stringent nuclear non-proliferation guarantees. By keeping the deal in flux, the White House maintains pressure on Tehran to accept terms that may be more restrictive than previous agreements, while the global economy remains vulnerable to the continued blockade of the waterway.