#TrumpSaysIranDealLargelyNegotiated

What’s going on*

Trump posted on Truth Social on May 23, 2026 that a deal with Iran has been *“largely negotiated”* and final details are being discussed.

*Key points from the reports:*

1. *Strait of Hormuz*: Trump says the agreement includes reopening the Strait of Hormuz. Iran’s Fars news agency disputes this, saying the strait will remain under Iran’s management.

2. *Scope*: It’s described as a Memorandum of Understanding for peace, not a final nuclear deal. Nuclear program and uranium enrichment are set for a later 30-60 day negotiation window.

3. *Who’s involved*: Trump said he spoke with leaders of Saudi Arabia, UAE, Qatar, Egypt, Jordan, Bahrain, Turkey, Pakistan, and separately with Netanyahu. Pakistan’s Army Chief Asim Munir mediated talks in Tehran.

4. *Status*: Trump says “final aspects and details are currently being discussed, and will be announced shortly”. Iranian officials say gaps remain and Trump’s claim is “inconsistent with reality”.

*Why it matters*:

The Strait of Hormuz handles ∼20% of global oil shipments. Even a temporary reopening would ease oil prices and market risk. But Iran is pushing back on the details, so it’s not finalized yet.

Trump also told Axios he’d decide Sunday whether to resume strikes if no deal is reached.

Want me to track oil and crypto market reaction to this headline???