Trump went online Friday morning. He listed what Iran must do for him to end the war.
Within hours, Iran's own state media pushed back. It said most of his terms are not in the deal. That gap is the whole story.
What Trump Asked For
Trump made his case in a post on Truth Social. He set out a few hard terms.
First, Iran must agree to never build a nuclear weapon. That is his top line.
Second, the Strait of Hormuz must reopen right away. No tolls can be charged to ships.
The strait is a narrow stretch of sea. It carries a big share of the world's oil.
Trump said the U.S. would also lift its naval blockade. Ships stuck near the strait could start heading home.
He said buried nuclear material would be dug up and destroyed. For now, no money would change hands.
Oil prices fell soon after the post. We explain how oil, war, and policy hit your money faster than you would think in Market Briefs, every morning, plus a free investing masterclass when you join.
Iran's Pushback
Iran's state outlet Fars hit back fast. It said the post clashes with the real text.
There is no toll-free clause in the deal, Fars said. The draft also says nothing about destroying nuclear material.
Fars pointed to a different sticking point. It said the key issue is $12 billion in frozen Iranian funds.
Iran wants that money paid fast. It will not keep talking until it is, Fars said.
A White House official confirmed some progress. The two sides reached a 60-day deal to extend the ceasefire and set up talks.
That deal would reopen the strait. Iran would also have 30 days to clear any mines.
Why Markets Care
The Strait of Hormuz is one of the top oil routes on Earth. When it gets blocked, oil prices tend to jump.
Higher oil flows straight into gas and shipping costs. That is why traders watch it so closely.
When wars threaten oil, some investors look at how to invest in gold. It is a classic hedge in scary times.
Sharp oil-driven price swings can hit stocks fast too. The mood is still very tense.
The Pentagon said Iran fired a missile toward Kuwait this week. The U.S. Treasury added fresh sanctions on top of that.
Oman is part of the fight too. It has talked with Iran about charging ships to cross the strait.
Trump warned Oman to stop, or face trouble. His Treasury chief said the U.S. would target anyone who helps set up tolls.
What To Watch
Trump said he was heading into the Situation Room. He planned to make a final call there.
Iran's tone stayed hard right up to the talks. One top official said the country trusts actions, not words.
The gap between his post and the signed text is what matters next.
A peace deal posted online is only as real as the text both sides actually sign.
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