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The Memo: Trump’s Iran Remarks Fail to Lift Fog of Uncertainty over Talks

Trump said sanctions relief is off the table as Iran seeks access to as much as $120 billion in frozen revenue.

  • On Wednesday, President Donald Trump told reporters that easing sanctions on Iran is not under consideration in current negotiations aimed at reopening the Strait of Hormuz and limiting Iran's nuclear capability.
  • Mohammad Bagher Ghalibaf, Iran's parliamentary speaker, traveled to Qatar on Monday to discuss releasing $6bn held in the Gulf since September 2023, while Iran maintains it is owed up to $120bn in withheld revenue.
  • Trump insisted the Strait must not be controlled by any one country, stating, "We'll watch over it, but nobody's going to control it." Ali Bagheri Kani, deputy secretary of Iran's Supreme National Security Council, said transit procedures will be completely different.
  • The White House refuted reports from Iranian state TV claiming Tehran received a draft framework for a memorandum of understanding, calling the alleged proposal a "complete fabrication."
  • A Center for Strategic and International Studies report released Wednesday warned that depleted inventories create vulnerability for Western Pacific conflicts, noting "the problem today isn't money; it's time" regarding Trump's proposed $1.5 trillion defense budget for 2027.
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Watch Trump Says He'll Keep Sanctions on Iran

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censor.net broke the news on Wednesday, May 27, 2026.
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