President Donald Trump said the United States is close to a deal with Iran to end the war and reopen the Strait of Hormuz.

The agreement would resolve a critical maritime blockade and end active hostilities, though the administration maintains strict conditions on financial relief to ensure long-term security.

Trump said that the administration will not unfreeze Iranian assets or lift sanctions until a final agreement is reached [1]. He said the U.S. will not rush the process, saying, "We are not rushing into a deal" [2]. These comments followed previous statements made on April 13, 2026, and more recently on May 24, 2026 [3].

Speaking from the White House Oval Office and in public briefings, the president said that "negotiations are progressing in a constructive manner" [4]. He said that "an agreement has been reached on the broader issues" [5].

The conflict had reached day 81 [6] by the time these latest diplomatic efforts intensified. The U.S. objective remains ensuring that Iran cannot develop a nuclear weapon, with any sanctions relief tied directly to a comprehensive final agreement [7].

Despite the optimism from the White House, reports have indicated a divide in perspectives. While some reports highlight the proximity of a deal, other accounts suggest Tehran has said it will not surrender [8].

"We are not rushing into a deal."

The administration is attempting to balance diplomatic resolution with maximum economic pressure. By refusing to unfreeze assets before a final signature, the U.S. maintains a primary point of leverage to ensure Iran adheres to nuclear non-proliferation terms while seeking to stabilize global energy markets by reopening the Strait of Hormuz.