President Donald Trump said Wednesday, June 3, 2024 [1], that negotiations with Iran are progressing and a deal could be reached over the weekend.

The potential agreement carries significant global implications for nuclear non-proliferation, and the stability of international shipping lanes in the Middle East.

Speaking to reporters in the Oval Office, Trump said the discussions are going "very well" [3]. He said that a formal agreement could be finalized within the coming days [1].

According to Trump, the primary objectives of the current talks include securing Tehran's enriched uranium stockpile [2]. The administration is also seeking a deal that would allow for the immediate reopening of the Strait of Hormuz [4].

"I hear the negotiations with Iran are going very well," Trump said [2]. "If a deal happens with Iran it could be done over the weekend" [2].

Trump said that the talks are continuing despite recent strikes [1]. He said that the discussions could yield results by the end of the week [3].

"Negotiations are going very well. We expect to secure Tehran's enriched uranium stockpile under a potential deal," Trump said [2].

“"If a deal happens with Iran it could be done over the weekend."”

A successful agreement would address two critical security flashpoints: the proliferation of nuclear materials, and the flow of global energy. By targeting the enriched uranium stockpile and the Strait of Hormuz, the U.S. aims to reduce the risk of nuclear escalation while preventing economic shocks caused by the closure of one of the world's most vital oil transit chokepoints.