Trump will not accept a 'bad deal' with Iran, says U.S. Treasury Secretary

U.S. Treasury Secretary Scott Bessent affirmed that President Donald Trump remains firm on his red lines regarding any potential deal with Iran to end the ongoing conflict. Bessent emphasized that Trump will not accept a "bad deal" but is committed to securing a "great deal" for the American people.

During a press conference, Bessent outlined the non-negotiable terms set by the Trump administration. These include Iran surrendering its highly enriched uranium, abandoning any pursuit of nuclear weapons, and guaranteeing unrestricted transit through the vital Strait of Hormuz. These demands underscore the U.S. focus on nuclear non-proliferation and regional security.

Bessent's remarks followed reports that negotiators from the United States and Iran had reached a tentative agreement. While details are still emerging, sources suggest the draft accord could involve a 60-day extension of the current truce, paving the way for negotiations on Iran's nuclear program. Additionally, the U.S. might lift its maritime blockade on Iranian vessels and consider unfreezing Iranian assets.

In a related development, Bessent addressed reports concerning Oman's potential role in toll collection within the Strait of Hormuz. He stated that Oman's ambassador assured him the country has no plans to impose tolls, despite earlier press information to the contrary. Bessent had previously warned of sanctions against Oman if it were to align with Iran on such measures, highlighting the sensitivity surrounding maritime traffic in the strategic waterway.