The lack of public comment after the Situation Room talks on Friday, despite President Donald Trump earlier suggesting an agreement was near, was the latest conflicting signal from Washington over the prospects for a deal with Tehran as the conflict drags into its fourth month. 

Trump had said in a social media post that he was ready to make a “final determination” on a preliminary agreement to extend a tenuous truce. However, the two-hour meeting ended with no announcements from the president, according to a White House official who requested anonymity to discuss private talks.

Trump will only make a deal that satisfies his red lines, the official said, referring to the president’s demands that Iran must abandon its nuclear program, give up its enriched uranium supplies and open the Strait of Hormuz.

Read more: Americans Injured in Iranian Missile Strike on Kuwaiti Air Base

The back-and-forth continued a pattern of both sides suggesting an agreement was near, before signaling disagreement over many of the same sticking points, including the fate of Iran’s uranium and nuclear ambitions as well as freedom of navigation of the critical waterway.

Markets have been whipsawed by the abrupt turns in rhetoric, but hopes that a ceasefire extension helped drive stocks toward a historic streak of weekly gains, even as sporadic attacks occur. 

An Iranian ballistic missile strike on a Kuwaiti air base within the past 24 hours caused minor injuries to several Americans and seriously damaged two MQ-9 Reaper strike drones, according to a person with direct knowledge of the attack, who requested anonymity to describe details that aren’t public.

The missile was intercepted but falling debris hurt about five people including contractors and active duty personnel, the person said. One Reaper was destroyed and at least one other was seriously damaged. The drones cost about $30 million each.

US Central Command didn’t immediately respond to a request for comment.

Repeated Demands

In his social media post on Friday, Trump repeated demands that Iran never develop nuclear weapons and reopen Hormuz without tolls, but didn’t say whether Iran had agreed. 

US officials on Thursday confirmed that negotiators had reached a memorandum of understanding to extend the ceasefire by 60 days and launch further talks on the nuclear issue, pending Trump’s approval.

Yet hours after that confirmation, Treasury Secretary Scott Bessent declined to acknowledge a tentative deal, and Vice President JD Vance told reporters the sides were “going back and forth on a couple of language points.”

Read more: Bessent Says ‘We’ll See’ on Potential Iran Sanctions Relief 

Bessent outlined three “red lines” as prerequisites for any agreement: Iran reopening Hormuz, surrendering its highly enriched uranium and ending its nuclear program. Trump has sent mixed messages on those sticking points, on whether and how he might compromise. 

In prepared remarks delivered in California on Friday, the Treasury chief suggested the US could remove some sanctions on Iran, depending on how matters proceed in the current standoff with Tehran.

On Hormuz, Trump previously said Iran and the US could manage its traffic in a joint venture. This week, the US leader said emphatically no one country would control the strait but that the US would “watch over” it. On Iran’s nuclear program, Trump has said he would accept only a permanent suspension. More recently, he told reporters a 20-year halt to the program would be “enough.”

Iran’s side of the talks have remained opaque. On Friday, Iranian state media said the MOU wasn’t finalized and had changed in recent days. Iranian Parliament Speaker Mohammad Bagher Ghalibaf said they had “no trust in guarantees or words” and that “no action will be taken before the other side acts.” 

Trump has insisted he won’t be rushed into a bad deal, even as he denies that war isn’t the military quagmire he’s long warned against. The conflict he’s called an “excursion” has well surpassed an initial four- to six-week projected timeline.  

Polls show Americans disapprove of the conflict and soaring gasoline prices are amplifying worries about the economy. In public, Trump has said he doesn’t care about the political strain. 

For all the mismatched rhetoric, there’s a broad understanding Trump alone will make the final call. “Everything depends on what the president wants to do,” Bessent said.

Other Iran News:

• Qatar said it might be possible to negotiate a temporary fee that ships passing through the waterway would pay Iran for services like mine clearing. But it opposed a permanent toll for transit, which the US, Europe and other Gulf nations also reject.
• US Treasury Department affirmed that US persons aren’t allowed to make deals with Iran to safely sail through the strait — even those which don’t involve paying a toll — and that doing so could put them at risk of sanctions.
• Shipowners are increasingly optimistic about a pickup in traffic after more vessels left the waterway this week, with the US sharing information to aid those making the journey.
• Omani authorities urged caution for vessels and seafarers after the sighting of a floating object suspected to be a naval mine west of the Inshore Traffic Zone in the Strait of Hormuz within Omani territorial seas.