Trump says he is heading to the White House Situation Room to make a final decision on Iran.

CoinFeed reported on May 29 that US President Trump posted a statement saying that Iran must commit to never possessing nuclear weapons and immediately open the Strait of Hormuz, lifting all restrictions on passage and guaranteeing freedom of navigation in both directions. He also stated that the US and Iran have reached some consensus on issues such as clearing mines from the Strait of Hormuz, lifting the maritime blockade, and dealing with Iran's underground enriched nuclear materials. Trump stated that the US will cooperate with Iran and the International Atomic Energy Agency to destroy the relevant enriched nuclear materials, emphasizing that "there will be no exchange of money before further notice." He revealed that he is currently going to the White House Situation Room to make a final decision on the arrangements. If the agreement is ultimately implemented, it will mark a major turning point in US-Iran relations and the situation in the Middle East, and could have a significant impact on global energy markets and risk assets.