US President Donald Trump speaks next to Secretary of State Marco Rubio during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC, US.
Ivan Vucci | reuters
The US and Iran have yet to sign a deal to end their fourth-month-long war, with President Donald Trump saying on Saturday he is in “no rush” to reach a deal.
Trump, in an interview with his daughter-in-law Lara Trump on Fox News, said he was pushing for a deal that would ensure Iran could never acquire nuclear weapons. And although he said he would like a deal to be reached quickly, he is not rushing the process. The President also threatened further military action if talks broke down.
“I’d like to say I’m in a hurry because gasoline prices are about to go down, but if you’re in a hurry, you’re not going to get a good deal,” Trump said. “And slowly but surely we’re getting, I think, what we want, and if we don’t get what we want we’ll end it differently.”
“We’re going to make a big deal, (otherwise) we’ll go back and finish it off militarily,” he said.
US and Iranian negotiators are working to reach a deal that would end weeks of conflict, while the war remains in a tenuous ceasefire. The conflict has wreaked havoc on global energy markets and driven inflation to its highest level since May 2023, when Iran closed the Strait of Hormuz at the start of the war.
Gas prices in the US averaged $4.34 per gallon on Sunday, according to aaa.
The strait carries about one-fifth of the world’s oil and remains largely impassable.
Trump has demanded that Iran agree never to acquire nuclear weapons and immediately reopen the strait as part of any peace deal.
The president ended a meeting at the White House on Friday without making any decisions on the agreement, after saying he would make a “final decision” during the meeting.
According to a report by Axios on Saturday, Trump requested edits to the proposed agreement related to the management of Iran’s nuclear material and the reopening of the Strait of Hormuz.
In the Fox interview, Trump also said he had added language to the deal to prevent Iran from purchasing nuclear weapons in addition to curbing development.