Trump Remains Hopeful for Iran Deal Amid Rising Tensions

Jul 13, 2026

75 min

Jul 13, 2026 23:31

Trump: Deal with Iran still possible, 'we had a deal 2 days ago'

## Renewed Optimism for Diplomacy

Despite escalating military actions, President Donald Trump remains optimistic about reaching a diplomatic agreement with Iran. Speaking from the Oval Office, he expressed belief in the possibility of a deal, even as the U.S. launched new military strikes against Iranian targets and reinstated a blockade on Iranian ports.

## Recent Developments

Trump revealed that U.S. negotiators thought they had secured a long-term peace agreement with Iran after an extensive meeting on July 12. However, Iranian leaders introduced new demands, causing the deal to falter. The U.S. military has since targeted Iranian air defense systems and other military assets, aiming to reduce Iran's threat to commercial shipping and U.S. allies in the Gulf.

## Shifting Tone

This stance marks a shift from Trump's earlier declaration that the U.S.-Iran ceasefire was "over." The recent escalation follows the breakdown of a Memorandum of Understanding signed in June, which aimed to resolve disputes over maritime access and sanctions. Both sides accuse each other of violating the agreement, leading to renewed hostilities.

## Impact on Global Markets

The tensions have affected global energy markets, with oil prices rising sharply as investors worry about potential disruptions in the Strait of Hormuz, a critical passage for global oil supply.

## Continuing Diplomatic Efforts

Despite the military actions, Trump's comments suggest that diplomacy is still on the table. U.S. officials indicate that negotiations could resume if Iran agrees to terms acceptable to Washington, though no date for new talks has been set.

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