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Trump confirms lifting the Strait of Hormuz blockade: Iran agrees to unlimited nuclear facility inspections, and unfrozen funds will be fully used to buy "American agricultural products"
According to the latest post from U.S. President Donald Trump, significant progress has been made in negotiations between the United States and Iran. Trump confirmed that Iran has agreed to accept "indefinite" inspections of its highest-level nuclear facilities; in exchange, the U.S. will lift the naval blockade of the Strait of Hormuz. Additionally, the funds unfrozen by the U.S. Department of the Treasury will be held in escrow by the U.S. and specifically limited to purchasing food and medical supplies for Iran to alleviate the humanitarian crisis there.
(Background summary: The U.S. announced the lifting of "Iranian oil sanctions" for 60 days, easing the Hormuz Strait crisis and potentially reducing global inflation)
(Additional background: Trump in an Axios interview: presidential powers "unlimited," ending the Iran war "saving the global economy," Anthropic has not threatened national security)
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The geopolitical tensions between the U.S. and Iran have seen a breakthrough, injecting a boost of confidence into the global economy. President Donald Trump’s latest post personally confirmed major concessions and conditions in the negotiations, and announced the official lifting of the naval blockade of the vital oil transit route, the Strait of Hormuz.
Iran Concedes to "Indefinite" Inspections
Trump explicitly refuted false news reports in his post, emphasizing that Iran has fully and thoroughly agreed to accept "infinite" inspections of its top-level nuclear facilities in the future to ensure "nuclear honesty." He straightforwardly stated that if Iran did not agree to this critical condition, there would be no further negotiations.
Based on Iran’s cooperation on this issue and other major concessions, Trump agreed to keep the Strait of Hormuz open and cease further naval blockades. However, he also stressed that U.S. warships will remain on standby in place, ready to restart the blockade if necessary, though he believes such a scenario is "highly unlikely" at present.
Unfrozen Funds Held in U.S. Escrow, Limited to "American Goods"
Regarding the highly关注ed sanctions relief and fund flow issues, Trump provided clear rules. He stated that the funds released by the U.S. Treasury and the sanctions grace period will all be deposited into a third-party escrow account controlled by the U.S.
These funds will be strictly limited in use, only for "specifically" purchasing food and medical supplies from the U.S., including corn, wheat, and soybeans bought from American farmers. Trump characterized this move as humanitarian aid, noting: "These are supplies Iran desperately needs. This is a humanitarian crisis, and I believe it’s necessary to extend a helping hand before it’s too late."
Smooth Negotiations, Macroeconomy and Risk Assets Receive Positive Signals
"Negotiations are going very smoothly!" Trump summarized at the end of his post. The implementation of this agreement not only aligns with the previous 60-day temporary license for Iranian oil sales issued by the U.S. Treasury but also substantially eliminates the risk of a full-scale conflict erupting in the Middle East.
With the Strait of Hormuz reopened and Iranian oil returning to the market, the global oil supply crisis is declared over, which will greatly help to curb global inflation expectations.