U.S. President Donald Trump speaks next to Secretary of State Marco Rubio during a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., May 27, 2026.
Evan Vucci | Reuters
The U.S. and Iran have yet to ink an agreement to end the war that has dragged on into its fourth month, with President Donald Trump saying Saturday that he is in “no hurry” to make a deal.
Trump, in an interview with his daughter-in-law, Lara Trump, on Fox News, said that he is pressing for a deal that would ensure Iran never acquires a nuclear weapon. And while he said he would prefer that the pact is reached quickly, he is not rushing the process. The president also threatened further military action if negotiations break down.
“I’d like to say I’m in a hurry because gasoline prices are going to come tumbling down, but if you’re going to be in a hurry, you’re not going to make a good deal,” Trump said. “And slowly but surely we’re getting, I think, what we want, and if we don’t get what we want we’re going to end it a different way.”
“We’re going to make a great deal, [otherwise] we’ll just go back and finish it off militarily,” he said.
U.S. and Iranian negotiators have been working to reach a deal that would end the conflict for weeks, while the war remains in a tenuous ceasefire. The conflict has wreaked havoc on global energy markets and spurred inflation to its highest level since May of 2023 after Iran closed the Strait of Hormuz when the war broke out.
Gas prices in the U.S. on Sunday averaged about $4.34 per gallon, according to AAA.
The Strait carries roughly a fifth of the world’s oil, and remains largely impassable.
Trump has demanded that Iran agree to never obtain a nuclear weapon and immediately reopen the Strait as part of any peace deal.
The president ended a meeting at the White House on Friday without a decision on the deal, after saying he would make a “final determination” during the meeting.
Trump, according to a report in Axios on Saturday, requested edits to the proposed deal around the handling of Iran’s nuclear material and the reopening of the Strait of Hormuz.
In the Fox interview, Trump also said he had added language to the deal to prohibit Iran from purchasing a nuclear weapon in addition to prohibitions on development.