Iran Deal Talks Stall After Trump’s White House Meeting

US President Donald Trump held a key White House meeting on Friday to make a “final determination” on an Iran deal to reopen the Strait of Hormuz, but no agreement was announced afterward.

The Strait of Hormuz is one of the world’s most critical oil transit chokepoints, with roughly one-fifth of global petroleum shipments passing through it. The US and Iran have previously clashed over control of the waterway, with tensions escalating to near-military conflict.

Sources close to the talks said the meeting focused on balancing free navigation guarantees with a reduction of US military pressure on Iran. However, significant differences remain on core terms — Iran demands a complete halt to US military threats, while Washington insists Tehran must first guarantee the strait’s openness.

Oil prices fluctuated following the news, with markets closely watching for further developments. Analysts warn that failure to reach an agreement could further escalate Middle East tensions and put global energy supply chains at greater risk.

Trump said negotiations would continue but provided no specific timeline.