Trump Says Final Decision on Iran Deal Near, Rules Out Money Exchange

Trump Says Final Decision on Iran Deal Near, Rules Out Money Exchange

N
News Editor 01
2026-07-24 01:40:16
Donald Trump said he is moving toward a final decision on a U.S.-Iran deal, outlining terms on nuclear weapons, Hormuz Strait access, mine clearance, and no money exchange for now.
TrumpIranStrait of Hormuznuclear dealIAEA

U.S. President Donald Trump said on Truth Social that he is heading toward a final decision on a deal with Iran, laying out a set of terms that center on nuclear restrictions, shipping access through the Strait of Hormuz, and the status of blocked vessels. He also said that, for now, “No money will be exchanged.”

Nuclear ban and open passage through Hormuz

Trump said Iran must agree that it will never possess a nuclear weapon or nuclear bomb. He paired that demand with shipping conditions for the Strait of Hormuz, saying the waterway must be opened immediately in both directions, transit must be unrestricted, and no tolls can be charged.

He added that U.S. underwater minesweepers have already detonated and cleared a large number of mines. Iran, he wrote, must finish clearing and detonating the remaining mines. Once that is done, the U.S. would lift what he described as an unprecedented naval blockade, allowing ships stranded in the area to prepare to leave.

Buried enriched material would be excavated and destroyed

Trump also addressed what he called “Nuclear Dust,” referring to enriched material buried underground after a U.S. B-2 bombing operation 11 months ago caused a mountain collapse. According to his post, that material would be dug out and destroyed under U.S. coordination with the Islamic Republic of Iran and the International Atomic Energy Agency, or IAEA.

He claimed that only the United States and China have the mechanical capability needed for that type of excavation. The post did not include a timetable for the operation.

White House Situation Room meeting set for final call

Trump used the post to push back on speculation around frozen Iranian funds or other financial arrangements, stating that no money transfer is part of the current framework unless announced later. That line stood out because financial concessions have been a point of outside attention in past reporting tied to Iran negotiations.

He ended the message by saying he was going to the White House Situation Room for a meeting to make the final determination. The statement puts focus on whether the terms he outlined will move from a public framework into a formal agreement, especially on Hormuz shipping access and the handling of nuclear-related material.

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