Trump Says Pressure on Iran Will Continue Until a Deal Is Reached
Summary
- U.S. President Donald Trump said he would maintain pressure on Iran.
- With U.S. sanctions on Iran and maritime pressure continuing, sanctions relief remains a core condition in the negotiations.
- Markets are focused on how continued U.S. pressure could affect Middle East tensions and the global oil market, as well as the possibility of future sanctions relief.
Forecast Trend Report by Period
U.S. President Donald Trump said he will keep up pressure on Iran until a deal is reached, underscoring Washington's twin-track approach of negotiations and sanctions.
On May 11, Trump said "pressure on Iran will continue until a deal is reached," Walter Bloomberg reported.
The comments came as the U.S. and Iran continue negotiations over Tehran's nuclear program and the Strait of Hormuz.
The U.S. is maintaining sanctions and maritime pressure on Iran, while Tehran is demanding sanctions relief as a core condition for any agreement.
The two sides have also recently failed to narrow differences over a ceasefire and the normalization of transit through the strait.
Markets are focused on how Washington's decision to maintain pressure could affect Middle East tensions and the global oil market. Progress in the negotiations 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.