Washington, May 29: U.S. Treasury Secretary Scott Beeson stated that President Donald Trump will not accept any ‘bad deal’ with Iran. He emphasized that any agreement must address Iran’s nuclear program and ensure open shipping in the Strait of Hormuz.
Negotiations with Iran are ongoing, but Beeson declined to confirm any temporary agreement during a press briefing at the White House. He noted that any deal would depend on the president’s approval.
“The teams are in constant discussions, and President Trump has made it very clear. Iran must hand over its highly enriched uranium. It cannot possess nuclear weapons, and free passage in the Strait of Hormuz is essential. The maritime route must remain open and unrestricted,” he explained.
“He (Trump) will not make a bad deal. He will secure a great deal for the American people.”
When asked about a potential 60-day ceasefire extension and nuclear talks, Beeson refrained from providing details. “It is always a mistake to speak for the president before he makes a decision. Everything depends on what the president decides,” he stated.
The Treasury Secretary argued that recent U.S. military and economic pressure has brought Iran to the negotiating table. “This administration and President Trump have done what no other administration could. We have prepared the Iranians to discuss their nuclear program and possibly to refrain from acquiring nuclear weapons. This has never happened before.”
Beeson also mentioned that any future easing of sanctions would only occur if Iran meets the U.S.’s key conditions. “Until we see the Strait of Hormuz open and Iran acknowledges that it must surrender its highly enriched uranium and cannot maintain a nuclear program, no conclusion can be reached in negotiations.”
Despite tensions in the Gulf region, the Treasury Secretary noted that the energy market remains strong, and oil prices may decline once shipping barriers are lifted. He attributed lower oil prices to increased U.S. production.
When questioned about missile attacks by Iran and reports of alleged ceasefire violations, Beeson reaffirmed Washington’s commitment to a diplomatic solution. “President Trump always prioritizes peace agreements. Everything we have done so far has been defensive.”
He also warned that if negotiations do not yield results, the U.S. government’s patience is not limitless.
The Strait of Hormuz is one of the world’s most critical energy routes, through which a significant portion of global oil and LNG passes. Any disruption in this waterway can immediately impact the global energy market and supply chain.
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