Washington: President Donald Trump said on Sunday, May 24, that he instructed US negotiators not to rush into a deal with Iran as talks near a framework agreement, posting the statement on Truth Social and reaffirming a US blockade on Iranian ports. He said time is on our side and both sides must get it right. The blockade, imposed since April 13 after Tehran restricted traffic through the Strait of Hormuz following attacks starting February 28, will remain 'in full force and effect' until any agreement is reached, certified, and signed; US lawmakers expressed bipartisan concern this week as leaks emerged and discussions continued.
Prepared by Lauren Mitchell and reviewed by editorial team.
This blockade affects global oil prices, which can trickle down to your gas pump. It also impacts the stability of the Middle East, which has implications for US national security. Keep an eye on how this unfolds.
President Trump is playing a long game with Iran, prioritizing a thorough deal over a quick one. The blockade remains in place until an agreement is reached. Worth forwarding if you know someone who's watching gas prices or Middle East politics.
The US administration and its negotiators benefited by retaining leverage through a maritime blockade while talks continued, strengthening their bargaining position ahead of any formal agreement.
Iranian export sectors, commercial shipping interests, and regional economies dependent on Strait of Hormuz traffic suffered continued economic disruption and heightened commercial risk until a certified agreement is signed.
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Trump: US Will Not Rush Iran Deal, Blockade
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