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Trump claims he’s close to a deal with Iran and ‘if they don’t agree, the bombing starts’
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Trump claims he’s close to a deal with Iran and ‘if they don’t agree, the bombing starts’

Fortune · May 6, 2026, 3:43 PM · Also reported by 4 other sources

The United States and Iran appeared to be moving closer Wednesday to an initial agreement to end the war, as U.S. President Trump sought to pressure Tehran with threats of a new wave of bombing if a deal is not reached. Trump posted on social media that the two-month war could soon end and that oil and natural gas shipments disrupted by the conflict could restart. But he said that depends on Iran accepting a reported agreement that the president did not detail. “If they don’t agree, the bombing starts,” Trump wrote. Trump made his latest comments after he suspended a short-lived U.S. effort to force open a safe passage for commercial ships through the Strait of Hormuz, a vital waterway through which major oil and gas supplies, fertilizer and other petroleum products passed before the war. Iran’s effective closure of the strait has sent fuel prices skyrocketing, rattled the global economy and put enormous economic pressure on countries, including major powers such as China. Elsewhere, China’s foreign minister called for a comprehensive ceasefire Wednesday after meeting in Beijing with Iran’s top envoy. Wang Yi said his country was “deeply distressed” by the conflict, which began Feb. 28 when the U.S. and Israel launched strikes against Iran. China’s close economic and political ties to Tehran give it a unique position of influence. The Trump administration is pressing China to use that relationship to urge the Islamic Republic to open the strait. Report says Washington closer to a deal with Tehran The White House believes it is near an agreement with Iran on a one-page memorandum to end the war, according to reporting by Axios. There is not an agreement yet, but the provisions include a moratorium on Iranian uranium enrichment, a lifting of U.S. sanctions and the distribution of frozen Iranian funds and opening the strait for ships. The White House did not immediately respond to questions about the possible agreement. Trump said in his social media post t

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