Trump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran denied talks. Trump warned Iran would face severe consequences if they backed out of any agreement. He also stated the Strait of Hormuz would reopen soon or Iran would be hit.

The President said that the US would begin talks with Iran "in the form of a negotiation," on Monday afternoon.

Trump said the agreement would include reopening the Strait of Hormuz and address Iran’s nuclear program