Speaking on Friday, Trump announced he was meeting with advisers in the White House Situation Room to discuss the possible deal.

The White House later confirmed the meeting had concluded but provided no further details.

Several hours later, the White House said the meeting had concluded ⁠but did not provide any more information.

A White House official said the meeting in the Situation Room lasted about two hours, but ​did not address whether Trump had made a decision.

“President Trump will only make a deal that is good for America and satisfies his redlines. Iran ​can never possess a nuclear weapon,” the official said.

Despite the talks of a deal, significant mistrust persists between Washington and Tehran.

A senior Iranian source told Reuters an agreement was close but had ⁠not yet been approved.

However, Trump also said Iran would have to end its chokehold on the Strait of Hormuz and dismantle its capacity to make a nuclear weapon — ​two conditions that Tehran has not agreed to.

“Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no ​tolls, for unrestricted shipping traffic, in both directions,” Trump said, adding that nuclear material would be “unearthed” by the US.

Iran’s top negotiator Mohammad Bagher Ghalibaf stated that Tehran would evaluate any deal based on concrete actions rather than promises.

In a post on his Truth Social platform ahead of the meeting, Trump outlined several conditions he said Iran would need to meet.

These include: refraining from developing nuclear weapons, keeping the Strait of Hormuz open and toll-free, removing any remaining mines from the waterway, and allowing the US to unearth and destroy Iran’s enriched uranium stockpiles.

Trump added that no money would be exchanged “until further notice” and that other, “far less important” issues had already been agreed upon.

He described the US naval blockade as “amazing and unprecedented” and suggested that ships caught in the Strait could soon begin returning home.