Trump Says U.S.-Iran Nuclear Talks 'Very Close' to Signing Deal, Strait of Hormuz to Reopen Immediately After
Taylor Wilson
Trump said on June 3 that U.S.–Iran nuclear talks are 'theoretically very close' to a signed deal, with a new round possible this weekend; if the deal lands, the Strait of Hormuz reopens immediately — forcing a repricing of global energy risk.
What are the core terms of the deal?
Iran must commit to never possessing nuclear weapons — no domestic development, no external purchase.
Trump revealed the original draft only covered "no self-development"; "no external purchase" was added after two weeks of U.S.-led negotiation.
This means → Washington secured a stricter constraint than the initial framework — bargaining leverage tilts toward the U.S. side.
Trump's words: "The moment Iran signs that document, the deal takes effect."
Why is the Strait of Hormuz the key variable?
The Strait of Hormuz is one of the world's most critical energy transit chokepoints; its blocked status has been pushing global energy prices higher.
Trump stated explicitly: once the deal is signed, the strait will "immediately reopen."
This means → the market's pricing logic on Iranian crude supply and strait-transit risk breaks down — oil prices could come under pressure.
How is Washington handling Lebanon and Hezbollah?
Trump is trying to decouple the Hormuz reopening from the Lebanon conflict, avoiding a bundled delay.
The U.S. held what Trump called the "first-ever" dialogue with Hezbollah, reaching a mutual agreement the day before: Hezbollah does not strike Israel, Israel does not strike Hezbollah.
In plain terms = Washington's playbook is "defuse one bomb at a time" — push the nuclear deal forward on its own track, handle Lebanon on a separate line.
Is the military option still on the table?
Trump said the U.S. "could spend another two or three weeks and wipe them out entirely," but prefers the diplomatic path.
His stated logic: if a written agreement achieves the same goal without mass casualties, diplomacy comes first.
On enriched uranium, Trump said he would "get it in the not-too-distant future" but gave no specifics.
Can the deal land this weekend?
Iranian media earlier disclosed a four-stage framework that places a ceasefire before nuclear talks; a Hormuz management draft has already entered review by Iran's Supreme National Security Council.
Trump's remarks are the most explicit public signal from Washington on negotiation progress to date — but "very close" is not "signed."
This reflects a real convergence on core terms, yet whether the deal formally lands after this weekend's round remains the single biggest variable for regional stability and energy markets.
Content is for reference only, not financial advice.