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Home Latest News

Iran Warns Deal with US not Yet Close, Despite Some Progress

World oil prices tumbled on renewed optimism about an agreement, after top US diplomat Marco Rubio suggested a deal could be reached within the day — but Iran’s foreign ministry spokesman responded: “No one can make such a claim.”

Kemi Sheriepha by Kemi Sheriepha
May 25, 2026
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Iran warned Monday that, while some progress had been made, it was not yet close to striking a deal with the United States to end the Middle East war, after a weekend of mixed messages from Washington and Tehran.

World oil prices tumbled on renewed optimism about an agreement, after top US diplomat Marco Rubio suggested a deal could be reached within the day — but Iran’s foreign ministry spokesman responded: “No one can make such a claim.”

Meanwhile, Pakistan’s Prime Minister Shehbaz Sharif — whose government is spearheading efforts to mediate a negotiated agreement between the United States and Iran — met China’s President Xi Jinping in Beijing.

US and Iranian forces have observed a ceasefire since April 8 while diplomats push for a negotiated settlement, although Iran has maintained controls on Gulf shipping through the Strait of Hormuz and the US Navy has sought to blockade Iran’s ports.

“We thought we might have some news last night, maybe today,” US Secretary of State Rubio told reporters during a visit to New Delhi, referring to hopes for a deal.

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We have what I think is a pretty solid thing on the table in terms of their ability to open up the straits, get the straits open,” he said.

“We’re either going to have a good agreement or we’re going to have to deal with it another way. We’d prefer to have a good agreement,” he said.

But in Tehran, foreign ministry spokesman Esmaeil Baqaei poured cold water on hopes for a quick final settlement.

 ‘Certain fees’ 

“It is correct to say that we have reached a conclusion on a large portion of the issues under discussion,” he told a weekly news briefing.

“But to say that this means the signing of an agreement is imminent — no one can make such a claim.”

Baqaei stressed that Iran would continue to manage maritime traffic through the Strait of Hormuz by charging service fees — arguing that this did not amount to Tehran “seeking to collect tolls”.

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“The services that are provided — navigational services in addition to the measures necessary to protect the environment of the Strait of Hormuz, the Persian Gulf and the Sea of Oman — require the collection of certain fees,” he said.

Earlier, President Donald Trump had said that he had told his negotiators “not to rush into a deal, in that time is on our side”, and warned that the US naval blockade would remain in place until a deal was reached.

A post on Trump’s Truth Social read: “If I make a deal with Iran, it will be a good and proper one,” adding that: “It isn’t even fully negotiated yet.”

Israel’s Prime Minister Benjamin Netanyahu said Sunday that he and Trump had agreed that “any final agreement with Iran must eliminate the nuclear threat entirely.”

 

Metrowatchxtra

Tags: IranOil PriceUS
Kemi Sheriepha

Kemi Sheriepha

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