Trump Signals Iran Nuclear Halt, Rejects Release of Frozen Funds

Donald Trump on Monday indicated that Iran has agreed to halt its nuclear programme indefinitely, while firmly ruling out any release of frozen Iranian funds held by the United States, according to reports.

Key Highlights

• Trump says Iran agrees to halt nuclear programme indefinitely, while rejecting release of frozen funds.
• Oil prices fall sharply as markets react to potential US-Iran deal and easing supply concerns.

In a recent phone interview, Donald Trump suggested that a broader agreement to end the ongoing conflict-triggered by U.S. and Israeli actions earlier this year-is nearing completion. He noted that most key elements of the deal have already been finalised and that discussions on a long-term framework could take place soon.

“Most of the main points are finalized. It’ll go pretty quickly,” said Donald Trump, expressing confidence in a swift resolution.

Donald Trump dismissed suggestions that the suspension of Iran’s nuclear programme would be time-bound, stating instead that the halt would be indefinite. When asked about the duration, he emphasised that the restrictions would not be limited to a fixed number of years, signalling a long-term commitment.

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While some reports indicated that proposals were being explored to release up to $20 billion in frozen Iranian assets in exchange for curbs on uranium enrichment, Trump rejected the idea outright. He repeatedly denied any plans to unfreeze Iranian funds, underscoring a hardline stance on financial concessions.

Donald Trump also stated that a final decision on the leadership of the U.S. negotiating team is yet to be made. He hinted at the possibility of travelling to Islamabad, where earlier rounds of negotiations were hosted, as diplomatic efforts continue.

However, uncertainty remains around Iran’s participation, with tensions persisting over the ongoing U.S. naval blockade and broader strategic demands.ly concerns.