US President Donald Trump has said that a potential deal with Iran remains “very possible” following what he described as productive diplomatic discussions over the past 24 hours, even as tensions continue to run high over military threats and the strategic Strait of Hormuz. Speaking to reporters in the Oval Office, Trump said the United States had held “very good talks” with Iranian officials and suggested that a breakthrough could still be reached if both sides adhere to agreed terms. However, he also warned that if negotiations fail, US military action could resume “at a much higher level and intensity,” underscoring the fragile nature of the diplomatic engagement.

In parallel statements, Trump indicated on social media that a ceasefire and end to hostilities would depend on Iran agreeing to previously discussed conditions. He suggested that if Iran complied, the conflict would conclude, but warned that failure to do so would trigger renewed military escalation. Despite his optimistic tone, Iran has not formally responded to the latest US proposal.

Iranian officials have maintained a cautious stance. Foreign ministry spokesperson Esmaeil Baqaei said the US proposal is still under review and that Tehran would communicate its position through mediators once internal deliberations are complete. Meanwhile, senior Iranian political figures have accused Washington of applying pressure tactics, including economic and military leverage, to force political concessions. Mohammad Bagher Ghalibaf, speaker of Iran’s parliament and a leading figure in the negotiations, alleged that the United States is attempting to destabilize Iran through a combination of naval pressure, sanctions, and media influence. He warned that such actions were aimed at weakening internal cohesion rather than fostering genuine dialogue.

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Reports also indicate that tensions around maritime routes remain a key flashpoint. The US military reportedly disabled a vessel attempting to breach restrictions near Iranian-controlled waters, while earlier statements from Washington confirmed a temporary pause in operations to allow space for negotiations. Trump also indicated that efforts to reopen critical shipping routes through the Strait of Hormuz could be paused to assess diplomatic progress.

International reactions have been mixed. Pakistan’s Prime Minister Shehbaz Sharif expressed optimism that ongoing talks could lead to a durable agreement ensuring regional stability. At the same time, Chinese officials called for de-escalation and the reopening of vital trade routes, emphasizing the global economic importance of the Strait of Hormuz.

Markets responded positively to the possibility of de-escalation, with global oil prices falling below $100 per barrel amid easing fears of supply disruption. However, uncertainty remains high, as neither side has formally committed to final terms, and core disagreements—particularly over Iran’s nuclear materials—remain unresolved.

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