President Donald Trump says a U.S.-Iran agreement could come “over the next week” and reopen the Strait of Hormuz, turning the crisis from another stalled-talks update into a near-term test of whether Washington can keep the Lebanon front quiet long enough to close a deal.
FXStreet, citing ABC News, reported Monday that Trump said he expected an agreement with Iran to extend the ceasefire and reopen Hormuz “over the next week.” Trump described the talks as “looking good” and said he had quickly handled a diplomatic “glitch” tied to Israel-Hezbollah fighting in Lebanon.
The claim does not mean a deal is done. It does mean the White House is now putting a short clock on a package that would affect the ceasefire, the nuclear track, and the world’s most important oil chokepoint.
Hormuz Is Back In The Deal Window
The Strait of Hormuz has been the central economic pressure point of the crisis. Earlier proposals and warnings focused on controlled passage, inspection rules, Iranian approval, sanctions exposure, and the risk of a prolonged shipping squeeze. Trump’s new comments are different because they point to a reopening timetable measured in days, not weeks.
That is why markets reacted quickly. FXStreet reported that West Texas Intermediate crude was up more than 4 percent after the comments, reflecting how sensitive oil prices remain to any change in the Hormuz outlook. Reuters also reported that oil markets were being kept on edge by uncertainty around the U.S.-Iran talks.
The gap between expectation and execution is still wide. A public Trump timeline does not settle how ships would move, what Iran would accept, whether the U.S. blockade terms change, or how sanctions rules would apply to safe-passage arrangements.
Lebanon Is The Immediate Test
The reason the timing matters is Lebanon. BBC News reported Monday that Lebanon’s embassy said a proposed arrangement would stop Israeli strikes on Beirut’s southern suburbs in exchange for Hezbollah refraining from attacks on Israel. The same report said the ceasefire would be extended to all Lebanese territory.
But the BBC also reported that fighting had not cleanly stopped. Hezbollah claimed attacks on Israeli targets after Trump’s announcement, the Israeli military said it intercepted projectiles fired from Lebanon, and Prime Minister Benjamin Netanyahu said the Israeli military would continue operating in southern Lebanon as planned.
That is the problem for the Iran file. Tehran has argued that the U.S.-Iran truce must cover Lebanon as well. Iranian officials have warned that Israeli attacks in Lebanon could derail the talks, while U.S. officials have tried to separate the Lebanon battlefield from the Iran negotiations.
The Deal Is Still Fragile
Trump’s new timeline gives negotiators a target, but it also raises the cost of another failure. If the Lebanon pause holds, Washington can argue that the biggest immediate obstacle has been contained and that Hormuz reopening talks can move. If fighting resumes, Iran can claim the broader ceasefire is already being violated and use that as grounds to stall or walk away.
For now, the factual update is narrow: Trump says an agreement could come within the next week and include Hormuz reopening. The unresolved question is whether events in Lebanon, shipping enforcement in the Gulf, and the nuclear file can all stay stable long enough for that claim to become a signed deal.
Sources: FXStreet/ABC News, Reuters, BBC News.