Trump confirms Iran's agreement to nuclear deal terms
- President Trump announced in Doha that serious negotiations for a nuclear deal with Iran are ongoing.
- Iran's willingness to compromise on its nuclear program may lead to sanctions relief and changes in global oil supply.
- Success in negotiations could reshape geopolitical dynamics and stabilize oil markets.
In recent discussions, U.S. President Donald Trump expressed that the U.S. is on the verge of finalizing a nuclear deal with Iran, highlighting that Tehran has 'sort of' agreed to the terms set by Washington in exchange for sanctions relief. During his remarks in Doha, Qatar on May 16, 2025, Trump asserted that negotiations have been serious and fruitful, emphasizing the need for Iran to abandon any plans for nuclear weapons. An Iranian advisor indicated Tehran's willingness to conform to specific terms regarding their nuclear program and allowed international oversight. If the deal is executed successfully, it could lead to the lifting of economic sanctions against Iran and the resumption of oil exports, significantly affecting global oil markets. The U.S. has insisted on the complete cessation of uranium enrichment, calling it non-negotiable, while Iran has maintained that its nuclear activities are solely for peaceful purposes. As negotiations progress, the reactions within the Middle East and among global oil markets are closely monitored, with fluctuating oil prices reflecting the uncertainty surrounding the potential deal. Both sides have agreed to continue discussions, anticipating further constructive talks in the future.