President Trump rejects Iran sanctions relief despite ongoing nuclear negotiations

May 27, 2026, 5:14:54 PM UTC(2 hours ago)

Impact: Medium

Affected Assets

President Trump confirmed in a PBS News interview that he will not grant sanctions relief even if Iran agrees to surrender its supply of highly enriched uranium
The administration imposed new secondary sanctions on June 6 targeting 10 individuals and 27 financial investment firms despite a temporary suspension earlier in the month
Market analysts report that the continued blockade of the Strait of Hormuz is projected to shrink Gulf state current account surpluses to 3.3 percent of GDP in 2026
Senate Republicans have expressed skepticism over the emerging peace framework with Senator Roger Wicker labeling the proposal a disaster for U.S. interests
Prediction markets show high volatility with over 6 million dollars traded on whether the U.S. will unfreeze Iranian assets before the end of May

JUST IN: 🇺🇸🇮🇷 President Trump says he is not considering lifting sanctions on Iran. https://t.co/OQ9AaBIZzx