Both Sides Agree Iran Deal ‘Close’ But Not Finalized, As Trump Promises ‘Final Determination’ Soon
…still certain matters being debated including the unfreezing of funds for the Iranians.
FRI MAY 29, AT 2:55 PM
BY TYLER DURDEN
FRIDAY, MAY 29, 2026 – 02:55 PM
Summary
- NYT: President Trump’s meeting in the Situation Room lasted about two hours, but the president did not reach a decision on any new deal with Iran.
- Trump repeats conditions on Iran for lifting US naval blockade, oil pushed lower. Fars responds: “Mix of truth & lies.”
- Trump vows to ‘unearth’ and gain control of nuclear dust in ‘cooperation’ with Iran and/or China, says no money will be exchanged with Iran, and that it ‘must agree’ to never have a nuclear weapon (Truth Social).
- NY Times reports surprising element of the Iran peace draft deal: a proposed investment fund for Iran – reportedly $300 billion.
- Tehran confirms MOU stalled, but is being reviewed, amid lack of trust in negotiating with Washington.
- The Revolutionary Guards said any renewed conflict would spread “far beyond the region,” threatening “crushing blows” and “utter ruin” in places opponents “cannot even imagine.”