The Trump administration has given Tehran an ultimatum, waiting to see if Iran will abandon its enriched uranium. A senior official stated that Iran will not receive any sanctions relief unless it relinquishes its enriched uranium, emphasizing a “no dust, no dollars” policy.

President Trump announced a memorandum of understanding to reopen the Strait of Hormuz and allow a 30-day window for nuclear negotiations. The strait had been closed by Iran following joint US and Israeli strikes on Iranian sites three months ago.

Negotiations for a new deal are ongoing, with a senior administration official highlighting the importance of Iran fulfilling its promises regarding enriched uranium. The official mentioned that significant progress has been made but finalizing the agreement will require more time.

The administration is adamant about a comprehensive deal that surpasses the previous JCPOA pact, aiming for a complete ban on enrichment for an extended period. Discussions also focus on the disposal of stockpiled enriched material and lifting economic blockades while ensuring the strait remains open.