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Trump Says No Rush on Iran Deal — As Details Reveal Sides Remain Far Apart

by Team Lumida
May 25, 2026
in Macro
Reading Time: 3 mins read
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  • Trump posted on Truth Social Sunday that he has told his representatives “not to rush into a deal” with Iran, walking back his claim just 24 hours earlier of near-finalization — while the US naval blockade on Iranian shipping stays in place until any agreement is reached, certified, and signed.
  • A senior administration official outlined the current framework in principle: Iran fully reopens the Strait of Hormuz in exchange for the US ending its blockade — but nuclear timelines, sanctions relief, frozen asset releases, and enforcement mechanisms all remain unresolved.
  • Iran is demanding upfront sanctions relief and access to an estimated $100 billion in frozen assets before committing to restrictions on its nuclear program; it has accepted in principle disposing of enriched uranium, but when and how remains undecided.
  • Israel, not a party to the talks, is deeply concerned about the lack of consultation; Gulf Arab states are pushing for a deal to stop attacks on their energy infrastructure but worry about Iranian leverage over the Strait long-term.

What Happened?

Less than 24 hours after President Trump announced the “near finalization” of an Iran deal on Saturday, he reversed tone on Sunday, posting that he had instructed his negotiators not to rush. A senior White House official confirmed the current agreement in principle: Iran reopens the Strait of Hormuz to shipping, and the US ends its naval blockade. But the official acknowledged that nearly every consequential detail — nuclear timelines, the scope of Iran’s enrichment restrictions, whether uranium is disposed of inside or outside Iran, what sanctions are lifted and when, and how frozen assets are handled — remains unresolved. The current ceasefire is expected to be extended by at least 60 days. Iran’s semi-official Tasnim news agency separately signaled that Tehran needs early sanctions and asset relief or the framework could collapse.

Why It Matters?

The gap between Trump’s public rhetoric and the actual state of negotiations is significant. Oil slid sharply on the initial deal reports, but the details suggest the Strait of Hormuz could remain a flashpoint for months. For Gulf states, a deal that reopens the strait but leaves Iran managing it as a permanent bargaining chip is not the resolution they were hoping for. For Israel, a framework that eases economic pressure on Tehran without resolving nuclear and missile issues is an acute threat — particularly ahead of tight national elections. And for US Iran hawks in Congress, any deal that enriches Tehran without ironclad nuclear dismantlement is a political liability the Trump administration will have to defend.

What’s Next?

Negotiations will move into a second phase covering nuclear specifics, sanctions architecture, and asset releases. Iran’s demand for upfront economic concessions before delivering nuclear restrictions is the same impasse that has derailed prior diplomatic efforts. Israeli Prime Minister Netanyahu convened his security cabinet Sunday to assess the framework. Watch for whether a formal 60-day ceasefire extension is announced, whether Iran makes any public concession on enrichment timelines, and whether Congressional pressure from Senators Graham and Cruz forces the administration to harden its terms before signing anything.

Source: The Wall Street Journal

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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

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