Bessent says Trump will not accept a bad deal with Iran

U.S. Treasury Secretary Scott Bessent stated at a briefing on May 28 that while negotiations between U.S. and Iranian teams are ongoing, President Donald Trump has established clear red lines and will not accept a bad deal. Bessent explained that President Trump has consistently preferred a peaceful agreement and described all current U.S. actions as defensive in nature. However, he added that if a peaceful resolution is deemed impossible, the president will make a corresponding decision. He conveyed that President Trump is demanding Iran transfer its highly enriched uranium, abandon the development of nuclear weapons, and guarantee free navigation in the Strait of Hormuz. Bessent also noted that he spoke with the Omani ambassador to the U.S., who assured him that Oman has no intention of imposing tolls on the Strait of Hormuz. Furthermore, Bessent warned that any country attempting to restrict freedom of navigation could face U.S. sanctions.