President Donald Trump said Monday an Iran deal is not even fully negotiated yet, appearing to walk back his Saturday declaration that an agreement was largely done. Speaking to reporters, Trump said terms still require extensive work despite optimistic weekend posts.
The reversal followed Iranian statements that no ceasefire was imminent and Secretary of State Marco Rubio’s own cautionary remarks. Markets that had rallied on Trump’s earlier language gave back part of their gains.
The Washington Post reported that U.S. negotiators continue discussing uranium disposal, sanctions relief and Hormuz sequencing. Allies sought clarity on whether Washington would extend a fragile ceasefire while talks proceed.
Democratic lawmakers renewed calls for congressional oversight of war powers. Republican leaders largely backed the administration’s negotiating strategy but urged a coherent public message.
Tehran’s negotiators said U.S. social media declarations do not replace formal diplomatic texts. Congressional Democrats asked whether ceasefire extensions require notification under war powers rules. Energy futures reversed early gains after Trump’s Monday clarification.
Tehran stock exchange indices moved modestly lower after Trump’s Monday comments. U.S. national security council staff planned overnight sessions to harmonize public messaging with negotiators in Cairo.
European allies said inconsistent U.S. messaging complicates their own public explanations of ceasefire status.
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Sources:
https://www.washingtonpost.com/world/2026/05/24/us-iran-near-deal-extend-ceasefire-reopen-hormuz/