Trump Says Iran Deal Must Be "Perfect" as Gas Nears $4.50 After 6-Week War
Updated
Updated · The Guardian · May 30
Trump Says Iran Deal Must Be "Perfect" as Gas Nears $4.50 After 6-Week War
3 articles · Updated · The Guardian · May 30
Summary
At a Wednesday cabinet meeting, Trump said he was not rushing into a "crummy agreement" with Iran, cooling speculation that he was about to unveil a deal.
Camp David plans were dropped and the meeting shifted back to the White House as negotiations failed to produce an announcement-ready accord.
The draft under discussion would reopen the Strait of Hormuz, lift the US blockade of Iranian ports and give Tehran access to about $12 billion in frozen assets.
Iran enters the talks with leverage after keeping Hormuz disrupted through six weeks of war, driving US gasoline prices up about 50% to nearly $4.50 a gallon.
A CIA assessment sent to Trump this month said Iran retained roughly 70% of its missiles and 75% of its mobile launchers, underscoring how many core disputes remain unresolved.