▲ U.S. President Donald Trump speaks during a Cabinet meeting at the White House in Washington on May 27, 2026, in this photo released by the Associated Press. (Yonhap)

(LEAD) Trump-Iran negotiation

(LEAD) Trump says he will hold Situation Room meeting to make 'final determination' on Iran negotiations

(ATTN: ADDS more info in paras 6-10)

By Song Sang-ho

WASHINGTON, May 29 (Yonhap) -- U.S. President Donald Trump said Friday that he will hold a meeting in the White House Situation Room to make a "final determination" on peace negotiations with Iran, reiterating his demands that Iran forgo any pursuit of a nuclear weapon and reopen the Strait of Hormuz.

Trump made the remarks in a social media post following reports suggesting that Washington and Tehran are nearing an agreement on a 60-day memorandum of understanding to extend their ceasefire, reopen the crucial strait, and continue negotiations on Iran's nuclear program.

"I will be meeting now, in the Situation Room, to make a final determination," Trump wrote on Truth Social.

He reiterated his key demands for a peace deal with Iran.

"Iran must agree that they will never have a nuclear weapon or bomb," he said. "The Strait of Hormuz must be immediately opened, with no tolls, for unrestricted shipping traffic in both directions."

He also said that all sea mines, if any, will be "terminated," noting that the U.S. military has removed numerous mines with its underwater mine sweepers and that Iran will complete the "immediate removal and/or detonation of any mines that are left, which will not be many."

"Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of 'heading home!' Say HELLO to your wives, husbands, parents, and families from me, your favorite President!" he said.

In addition, he said that Iran's enriched uranium, which has been buried underground after a U.S. B-2 bomber attack last June, will be unearthed by the United States -- in close coordination with Iran and the International Atomic Energy Agency -- and be "destroyed."

He went on to say that "no money will be exchanged until further notice," as Iran has called on Washington to release its frozen assets and ease sanctions amid deepening economic hardships.

"Other items, of far less importance, have been agreed to," he added.

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