Trump eyes swift end to Iran conflict as Hormuz talks continue

The diplomatic maneuvering centers on an amended proposal circulated by mediators, seeking to break the impasse over the critical waterway. Foreign Minister Abbas Araghchi previously outlined a plan that would see Iran reopen the strait within seven days of Washington meeting specific conditions, including the lifting of a naval blockade and the release of $12 billion in frozen assets. While Trump rejected the initial terms, talks persist regarding the sequence of economic concessions and security guarantees.

Trump publicly clarified his position on Truth Social, denying reports that he had offered sanctions relief or access to frozen funds in exchange for nuclear concessions. Meanwhile, the domestic stakes remain high as the conflict continues to influence both energy markets and investor sentiment. Oil prices have fluctuated based on the status of the strait, with Brent crude recently reaching $106.77 per barrel. In financial markets, Bitcoin hovered near $83,081 amid broader volatility and rising U.S. Treasury yields, as investors weigh the potential for a de-escalation against the reality of a stalled diplomatic process.