Former US President Donald Trump has issued a stern warning regarding the Iran nuclear negotiations, stating that if a breakthrough is not achieved, the so-called 'Phase 2' will be extremely difficult for Tehran. The remarks come as indirect US-Iran talks remain stalled with no tangible progress on core demands.
Indirect Talks Continue Without Breakthrough
Despite ongoing dialogue, both sides have held to entrenched positions. Iran insists its missile program is non-negotiable, while Trump has imposed strict deadlines already communicated to Tehran. The persistent threat of renewed conflict overshadows the process, fueling market anxiety and prolonging regional uncertainty.
US Treasury Alleges Iranian Capital Flight
In the span of just one week, the US Treasury Secretary has publicly alleged twice that Iran's leadership is quietly moving large reserves out of the country. The Secretary hinted that these moves may be driven by fears that intensifying protests and civil unrest could undermine the regime's grip on power. The statements suggest Washington may already be preparing next steps should financial pressure prove insufficient.
Trump made several new statements on the unfolding diplomatic stalemate, hinting at escalating measures if talks falter. He said: 'Xi will be coming to the US later this year. Our relations with China are very good right now. We have to make a deal with Iran. If there is no agreement, the consequences for Iran will be severe. Ultimately, any agreement with Iran is my decision. I believe an agreement could be made within the coming month. I will talk to Iran as much as I want. The second phase will be very tough for Iran.'
Trump concluded his remarks by highlighting the recent jobs report, which he described as 'incredible in some regards,' before shifting his focus back to the standoff with Tehran. Expectations remain high for further developments, as Trump announced additional statements regarding Iran would follow late into the night. The ongoing commentary keeps both allies and adversaries alert for immediate shifts in policy.
Amid all this, uncertainty has become the only certainty for those following the US-Iran file. The unresolved status of the missile portfolio, questions around financial maneuvers, and recurring threats of escalation maintain a climate of volatility across diplomatic and financial spheres. Global markets respond nervously to every new statement, and talk of a 'second phase' signals mounting pressure on Tehran if an agreement remains out of reach.