(SeaPRwire) –   By: Marcus Sinclair

Trump’s claim of an imminent Iran deal fell flat. Iran’s denial has left the region on edge. The Strait of Hormuz, a lifeline for global oil, is still a potential flashpoint.

On Thursday, Trump said a deal could be signed this weekend in Europe. He claimed Iran’s Supreme Leader Mojtaba Khamenei approved the terms. He also called off scheduled strikes after two days of bombardment—the biggest escalation since April’s truce. But Iran’s Foreign Ministry spokesman Esmail Baghaei denied this. He called Trump’s claim speculation. He said the text is almost done, but US contradictory positions disrupt talks. Iran won’t compromise on its red lines. The deal would extend the truce, reopen Hormuz, and frame nuclear talks. Iran rejects handing over enriched uranium. This week’s hostilities spiked oil prices. The US struggles with high inflation, and the war is unpopular at home. Iran’s chief negotiator Mohammad Bagher Ghalibaf warned US wrong moves create an endless quagmire.

The cost of this deadlock is clear. Oil price spikes hit US consumers and global markets. Iran’s economy suffers from ongoing tensions. Trump’s need for a quick win clashes with Iran’s resolve to protect its nuclear program. No deal is coming soon. The region will remain volatile until both sides drop their posturing and talk seriously.

Author bio: Marcus Sinclair, Senior Fellow at a European geopolitical think tank, focusing on Middle East security and energy dynamics.