Trump promises that a deal would bring an end to what he called Operation Epic Fury and guarantee open access to the Strait of Hormuz.

Trump said that if Iran accepted the conditions, Operation Epic Fury would be called off and the Strait of Hormuz — a critical global waterway — would be opened to all nations, including Iran itself.

“All countries, including Iran, will be given access to the Strait of Hormuz,” Trump said, adding that the offer was contingent on Iranian compliance.

The president warned, however, that a failure to comply would lead to an escalation of American attacks on Iran.

Separately, Trump said that it was “too soon” to consider face-to-face talks with Iranian leaders, according to an interview with the New York Post.