US President Rules Out Any Priority In Iran Deal; US Blockade To Continue.

Washington DC; May 2026: US President Donald Trump has said today (Monday – 25th May 2026; early morning IST) that he has informed his representatives not to rush into any deal with Iran, as his administration played down hopes of an imminent breakthrough in the three months war that had been raised a day earlier.

The US ‌blockade on Iranian ships in the Strait of Hormuz would “remain in full force and effect until an agreement is reached, certified, and signed”, Trump wrote on Truth Social. “Both sides must take their time and get it right”, he added.

There was no immediate response from Iran’s government. But Iran’s Revolutionary Guards, said the US was still obstructing parts of a ‌potential deal, including Tehran’s demand for the release of frozen funds.

A day earlier, Trump said the US and Iran had ‘largely negotiated’ ⁠a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz, which before the conflict carried one-fifth ⁠of global oil and liquefied natural ⁠gas shipments. The two sides remain at odds on several difficult issues, such as Iran’s nuclear ambitions, Israel’s war in Lebanon with the Iranian-backed Hezbollah militia and Tehran’s ‌demands for the lifting of sanctions and the release of tens of billions of dollars of Iranian oil revenues frozen in foreign banks.

A senior Trump administration ⁠official told reporters an agreement could not be signed on Sunday (24th May) stating that the Iranian ⁠system did not move fast enough. But he outlined what he said were the latest contours of what was being negotiated. The official, speaking on the condition of anonymity, said Iran had agreed ‘in principle’ to open the Strait of Hormuz, in exchange for the United States lifting its naval blockade, and to dispose of Tehran’s highly enriched uranium.

He said the US understood Iran’s Supreme Leader Ayatollah Mojtaba Khamenei had endorsed the broad template of the deal. There ⁠was no immediate confirmation from Iran or elaboration on what an “in principle” agreement meant.

The US official said Washington envisioned first reopening the strait and lifting the US naval ⁠blockade. Negotiating the details of the nuclear measures would take more time, ‌he said. He pushed back on suggestions that Iran has not accepted disposing of its stockpiled enriched uranium. “It’s a question about how”, the official said.

Iranian sources had told news reporters that in future stages, ‘feasible formulas’ could be found to resolve the dispute over its highly enriched uranium stockpile, including diluting the material under the supervision of the United Nations nuclear watchdog (IAEA). Iran has long denied US and Israeli accusations that it is pursuing nuclear weapons and says it has a right to enrich uranium for civilian purposes, although the purity ‌it has achieved far exceeds that needed for power generation.

Trump, whose approval ratings have been hit by the war’s impact on US energy prices and who has faced congressional efforts to curb his war powers, has repeatedly played up the prospect of an agreement to end the conflict that the US and Israel started on February 28. A tenuous ceasefire has been in place since early April.

As details of the possible agreement emerged over the weekend, critics including former Secretary of State Mike Pompeo and Democratic lawmakers argued that it offered little beyond the 2015 Iran nuclear deal negotiated by former President Barack Obama, from which Trump withdrew during his first term.

Chris Van Hollen, a Democratic member of the Senate Foreign Relations Committee, said the deal’s reported outlines would amount to little more than ‘the pre-war status ​quo’ with Iran. “I think this was a blunder”, Van Hollen said to media reporters.

Trump, who has also faced criticism from hawkish conservatives over his willingness to compromise with Iran, pushed back. “If I make a ‌deal with Iran, it will be a good and proper one. So don’t listen to the losers, who are critical about something they know nothing about”, Trump said in a Truth Social post yesterday (Sunday, 24th).

In another potential stumbling block, an Iranian military adviser to Khamenei said Iran had the legal right to manage the Strait of Hormuz, though it was not clear if that meant continuing to ‌decide which ships can go through.

Iran’s Revolutionary Guards said 33 vessels had passed through the strait over the past 24 hours after getting permission from Tehran, still ⁠far short of the 140 on a typical day ⁠before the war. Any deal reinforcing the current fragile ceasefire would bring relief to markets ​but not immediately quell a global energy crisis, which has driven up costs of fuel, fertilizer and food.

Even if the war ends now, full ⁠flows through the strait will not return before the first ‌or second quarter of 2027, the head of the Abu Dhabi National Oil Company said last week. The US-Israeli bombing of ​Iran killed thousands of people in Iran before it was suspended in early April.

Israel has also killed thousands more and driven hundreds of thousands from their homes in Lebanon, which it invaded in pursuit of Hezbollah. Iranian strikes on Israel and neighboring Gulf states have killed dozens.

Team Maverick.