While US President Donald Trump has reiterated that both diplomatic and military options remain on the table in the ongoing tensions with Iran, uncertainty persists regarding a possible agreement between the parties.
Trump stated that he was awaiting the “full text” of a draft agreement that had been presented to him, while describing the blockade against Iran as a “very friendly blockade.”
According to Iranian media, the Tehran government has presented the US with a plan to end the war “on all fronts.” According to a senior Iranian official, this proposal includes reopening maritime traffic in the Strait of Hormuz and lifting the US blockade against Iran. However, the plan has so far been rejected by the Trump administration because it postpones negotiations on Iran’s nuclear program to a later stage.
Trump has repeatedly stated that Iran will not be allowed to possess nuclear weapons. In his latest statement, he reiterated his dissatisfaction with Iran’s recent offer. In response, the Iranian Foreign Minister stated that Tehran is ready for diplomacy if Washington changes its approach.
On the other hand, Trump did not completely rule out military options. Responding to a question about possible new attacks, the US President said, “There is a possibility of this happening,” adding, “Do we want to completely destroy them, or are we trying to make a deal?” indicating that the decision-making process was ongoing. In a speech in Florida, he stated that the US would not end the tension with Iran prematurely and did not want to allow the same problem to resurface within a few years.
*This is not investment advice.