President Donald Trump has firmly dismissed the possibility of Iran transferring its stockpile of highly enriched uranium to Russia or China as part of any potential agreement to resolve the ongoing conflict. During a recent Cabinet meeting at the White House, the President stated he would not be comfortable with such an arrangement, emphasizing that the material should instead be destroyed within the United States, inside Iran, or at another mutually acceptable location.

These remarks follow ongoing diplomatic efforts between the U.S. and Iran aimed at securing a short-term deal to end the three-month-old war. As Secretary of State Marco Rubio signaled that the administration intends to give diplomacy every opportunity to succeed, global oil prices saw a decline. The conflict has previously caused significant volatility in energy markets, and the prospect of a de-escalation has provided some relief to global supply concerns.

Beyond the issue of nuclear materials, the President clarified that any potential agreement would not involve the easing of existing sanctions or the release of frozen Iranian funds. He maintained that the U.S. will retain control over these assets until Iran demonstrates appropriate behavior. Furthermore, the administration has made it clear that the Strait of Hormuz must remain open to international traffic, rejecting any proposal that would grant Iran control over the critical oil-shipping route.