US President Donald Trump on Sunday said there was “no hurry” to finalise a deal with Iran, even as tensions in the Strait of Hormuz continue to disrupt global oil and LNG supplies. He added that he had instructed his representatives not to rush the process, stating that both sides must take time to reach the right agreement.
His comments came a day after he claimed that Washington and Tehran had “largely negotiated” a memorandum of understanding aimed at reopening the key shipping route. In a post on Truth Social, Trump said the US restrictions in the Strait of Hormuz would remain in place until a final agreement is reached, certified, and signed.
“There is no need to rush. Both sides must take their time and get it right,” he wrote.
However, there was no immediate response from the Iranian government. Iran’s Tasnim news agency, linked to the Revolutionary Guards, said the US was still blocking key parts of a potential deal, including Tehran’s demand for access to frozen funds.
According to Reuters, significant differences remain between the two sides over Iran’s nuclear programme, sanctions relief, and regional security issues involving Israel and Hezbollah. A senior US official, speaking anonymously, said no agreement would be signed on Sunday, but noted that an “in principle” framework had been discussed, including reopening the Strait of Hormuz and handling Iran’s enriched uranium stockpile.
The official also said Iran’s leadership had broadly endorsed the outline of the proposal, though Tehran has not confirmed this.
Meanwhile, a proposed 60-day timeline has reportedly been suggested for finalising the broader agreement. Iranian sources have indicated that technical solutions, including uranium dilution under international supervision, could be explored in later stages.
The Strait of Hormuz, a critical global energy corridor handling around one-fifth of the world’s oil and LNG shipments, has seen major disruptions amid ongoing tensions. Shipping data shows limited movement through the region, with some vessels slowly resuming transit under new routing conditions.
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