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Trump denies offering Iran sanctions relief or access to frozen funds
President Trump said he had offered Iran neither sanctions relief nor the release of frozen funds.
President Trump denied offering Iran sanctions relief or access to frozen funds, saying in a Truth Social post that he had offered the country nothing.
Trump confirmed to reporters that American and Iranian negotiators exchanged messages through mediators on Monday.
Iranian Foreign Minister Abbas Araghchi said he expected a formal U.S. answer on Tuesday to Tehran's proposal to open the Strait of Hormuz.
A U.S. official said Trump was willing to provide sanctions relief and release frozen funds if there was concrete progress on nuclear issues. The official said Iran had indicated flexibility, but the two sides remained divided over the timing of commitments and which side would act first.
The strait carries tankers delivering oil from the Middle East to customers around the world. Uncertainty about when those vessels could move freely again during the war with Iran has contributed to swings in oil prices.