Iran warned Monday that a ceasefire agreement to reopen the Strait of Hormuz was not imminent, despite President Donald Trump’s weekend declaration that a deal was largely complete. Iranian officials said key issues remain unresolved even as U.S. and Iranian negotiators continue talks in the region.
Foreign Ministry spokespeople stressed that any framework must address sanctions, maritime security and nuclear concerns in a package acceptable to Tehran. Trump’s comments had briefly lifted market sentiment and prompted allied governments to seek clarification.
Secretary of State Marco Rubio told reporters Washington was prepared to finalize terms quickly but acknowledged talks could still fail. The strait normally carries a large share of global oil exports, and its effective closure has disrupted shipping insurance and energy prices.
Gulf states urged restraint while maintaining defensive postures. Diplomats said a phased reopening of Hormuz and parallel easing of port blockades were under discussion, though timelines remain disputed.
European Union diplomats said they are coordinating messaging with Washington to avoid divergent ceasefire announcements. Iranian state television aired footage of naval drills, underscoring domestic pressure not to concede Hormuz control quickly. Insurance markets for tankers remain elevated despite diplomatic movement.
Qatar’s foreign ministry said it continues hosting back-channel meetings separate from public statements. Asian importers said any Hormuz deal would immediately affect liquefied natural gas routing costs this summer.
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Sources:
https://www.nbcnews.com/world/iran/iran-deal-trump-talks-war-nuclear-hormuz-rubio-rcna346781