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President Donald Trump said the US will keep up pressure on Iran until an agreement is reached, underscoring Washington’s dual-track approach of negotiations and sanctions.
Trump made the comment on May 11, Walter Bloomberg reported, saying he would “continue pressure on Iran until a deal is reached.”
The remarks came as the US and Iran continue negotiations over Tehran’s nuclear program and issues including the Strait of Hormuz.
The US is maintaining sanctions on Iran and maritime pressure, while Tehran is demanding sanctions relief as a key condition for any agreement.
The two sides have also recently failed to narrow differences over a ceasefire and the normalization of passage through the strait.
Markets are watching how Washington’s decision to sustain pressure could affect Middle East tensions and the global oil market. Progress in the talks and the possibility of sanctions relief remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
