President Trump told Israeli Prime Minister Benjamin Netanyahu that a US-Iran deal could be signed within days, potentially reopening the Strait of Hormuz and dialing down one of the most persistent geopolitical pressure points of the past decade. Crypto markets responded almost immediately, with Bitcoin jumping approximately 3% on the news.
The call, which took place on June 12, centered on a memorandum of understanding between Washington and Tehran that Trump described as significant. The agreement is reportedly aimed at addressing Iran’s nuclear ambitions and easing regional tensions that have kept energy markets on edge for years.
What’s actually in the deal, and who’s not at the table
Netanyahu’s office was quick to clarify that Israel is “not a party” to the memorandum of understanding. While acknowledging the conversation with Trump, Netanyahu laid out a set of conditions that any deal would need to satisfy from Israel’s perspective. Those conditions include stringent nuclear restrictions, limits on missile production, and a full halt to Iranian support for militant proxies across the region.
On the other side, Iranian officials pushed back on the timeline entirely. Tehran stated that the specifics of the agreement have not been finalized and rejected claims that a deal was imminent. So you have Trump saying “days,” Iran saying “not so fast,” and Israel saying “not our problem, but also very much our problem.”
