Trump Making ‘Final Determination’ On Iran Deal

BreakingBusinessTrump Making ‘Final Determination’ On Iran DealBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorMay 29, 2026, 11:54am EDTToplinePresident Donald Trump said Friday he’s meeting in the Situation Room “now” to make a “final determination” on a deal with Iran that would mark a significant breakthrough in nearing an end to the conflict. U.S. Secretary of State Marco Rubio, U.S. President Donald Trump and U.S. Secretary of War Pete Hegseth during a Cabinet meeting at the White House on May 27, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images)Getty ImagesKey FactsTrump said he is “meeting now, in the Situation Room, to make a final determination” on a deal that would extend the ceasefire for 60 days and reopen the Strait of Hormuz, he wrote on Truth Social. Trump laid out his terms for an agreement, including Iran agreeing “they will never have a Nuclear Weapon or Bomb,” ceasing tolls in the Strait of Hormuz, removing underwater mines in the strait and allowing the U.S. to remove Iran’s remaining enriched uranium.The U.S. would, in turn, lift its naval blockade on ships coming in and out of Iran, Trump said. This is a developing story and will be updated.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Video