Trump Says Iran Talks Advance, Keeps Naval Blockade Until Strait of Hormuz Deal

4 articles · Updated · CNBC · May 24

Trump said negotiations to end the nearly three-month war with Iran are moving ahead, but told U.S. negotiators not to rush because “time is on our side.”
The U.S. naval blockade of Iranian ports will stay in place until any agreement is reached, certified and signed, tying military pressure directly to the talks.
MS Now reported the draft deal would reopen the Strait of Hormuz, halt hostilities, unfreeze some Iranian assets and set further negotiations on curbing Tehran’s nuclear program.
Trump again said Iran must not develop or obtain a nuclear weapon, underscoring that the immediate ceasefire push is still linked to longer-term nuclear constraints.
The talks have become the main focus for markets after the conflict whipsawed energy prices and pushed up U.S. gasoline costs.

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