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Trump says he has 'good news' on Iran, no clarity on peace deal

Published by Global Banking & Finance Review

Posted on April 18, 2026

5 min read

· Last updated: April 18, 2026

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Trump says he has 'good news' on Iran, no clarity on peace deal
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By Trevor Hunnicutt and Ariba Shahid WASHINGTON/ISLAMABAD, April 18 (Reuters) - U.S. President Donald Trump said there had been "some pretty good news about Iran", suggesting optimism about peace

Iran tightens control of Strait of Hormuz, Trump warns against 'blackmail'

Escalating Tensions and Maritime Security in the Strait of Hormuz

By Trevor Hunnicutt, Ariba Shahid and Muhammad Al Gebaly

WASHINGTON/ISLAMABAD, April 18 (Reuters) - Iran said it was tightening control over the Strait of Hormuz on Saturday, warning mariners the vital energy route was again closed, but President Donald Trump said Tehran could not blackmail the United States by shutting the waterway.

Tehran said it was responding to a continued U.S. blockade of Iranian ports, calling it a violation of their ceasefire, while Supreme Leader Mojtaba Khamenei said Iran's navy was ready to inflict "new bitter defeats" on its enemies.

Incidents Involving Merchant Vessels

Shipping sources said at least two vessels reported coming under fire and being hit while trying to transit the waterway. India later said the Iranian ambassador in New Delhi had been summoned and that it had expressed deep concern to him that two Indian-flagged ships had come under fire in the strait.

Iran's Demands and Security Measures

State media in Iran quoted the Supreme National Security Council as saying Iranian control over the strait included demanding the payment of costs related to security, safety and environmental protection services.

State television also quoted the Supreme National Security Council as saying the U.S. had put forward new proposals after talks mediated by Pakistan in recent days. Tehran was considering them but had not yet responded, it said.

There was no immediate sign of direct U.S.-Iran talks taking place at the weekend, despite Trump saying on Friday that negotiations would take place.

Uncertainty Around Iran Conflict

Tehran’s renewed tough messaging caused fresh uncertainty around the Iran conflict, raising the risk that oil and gas shipments through the strait could remain disrupted just as Washington weighs whether to extend the fragile ceasefire.

Trump said the U.S. was having "very good conversations" with Iran but that Tehran wanted to close the strait again. Iran could not blackmail the U.S., he said.

Maritime Restrictions and Tanker Movements

Maritime security and shipping sources said some merchant vessels had received radio messages from Iran’s navy saying no ships were allowed through the waterway, reversing Friday's signs that traffic might resume.

Maritime trackers had earlier shown a convoy of eight tankers transiting the narrow passage in the first major movement of ships since the U.S.-Israeli war on Iran began seven weeks ago.

Hours earlier, Trump had cited "some pretty good news" about Iran, declining to elaborate. But he also said fighting might resume without a peace deal by Wednesday, when the two-week ceasefire expires.

Ceasefire and Regional Implications

Iran had announced its temporary reopening of the Strait of Hormuz following a separate U.S.-brokered 10-day ceasefire agreement on Thursday between Israel and Lebanon. Israel invaded parts of southern Lebanon after the Iran-allied Hezbollah militant group joined the fighting in early March.

But on Saturday Iran's armed forces command said transit through the strait had reverted to a state of strict Iranian military control, citing what it described as repeated U.S. violations and acts of “piracy” under the guise of a blockade.

The spokesperson said Iran had earlier agreed, “in good faith,” to the managed passage of a limited number of oil tankers and commercial vessels following negotiations, but said continued U.S. actions had forced Tehran to restore tighter controls on shipping through the strategic chokepoint.

U.S. Central Command said in a statement that American forces were enforcing a maritime blockade of Iran, but did not comment on the latest Iranian actions.

No Date for Direct Talks

The war with Iran began on February 28 with a U.S.-Israeli attack on the Islamic Republic. It has killed thousands, spread to Israeli attacks in Lebanon and sent oil prices surging because of the de facto closure of the strait.

Despite the initial movement of ships, Iran's deputy foreign minister, Saeed Khatibzadeh, said no date had been set for the next round of negotiations, adding that a framework of understanding must be agreed first.

Political and Economic Pressures

Pressure for a way out of the war has mounted as Trump’s fellow Republicans defend narrow majorities in Congress in the November midterm elections with U.S. gasoline prices high, inflation rising and his own approval ratings down.

"The main thing is that Iran will not have a nuclear weapon. You cannot let Iran have a nuclear weapon, and that supersedes everything else," Trump said on Friday.

Trump also said he might end the ceasefire with Iran unless a long-term deal to end the war was agreed before it expires on Wednesday, adding that a U.S. blockade of Iranian ports would continue.

Diplomatic Efforts and Mediation

There were no signs of preparations early on Saturday for talks in the Pakistani capital, where the highest-level U.S.-Iran negotiations since the 1979 Islamic Revolution ended without agreement last weekend.

A Pakistani source aware of mediation efforts had said a meeting between Iran and the U.S. could produce an initial memorandum of understanding, followed by a comprehensive peace agreement within 60 days. 

Separately, a senior Iranian official said Tehran hoped a preliminary agreement could be reached in the coming days.

Impact on Oil Prices and Nuclear Negotiations

Oil prices fell about 10% and global stocks jumped on Friday on the prospect of marine traffic resuming through the strait. Despite that, hundreds of vessels and about 20,000 seafarers remain stranded in the Gulf awaiting passage through the waterway, shipping sources said.

At last weekend's talks, the U.S. proposed a 20-year suspension of all Iranian nuclear activity, while Iran suggested a halt of three to five years, according to people familiar with the proposals. Two Iranian sources have said there were signs of a compromise that could remove part of the stockpile.

International Perspectives

The head of Russia's state atomic energy company, Rosatom, Alexei Likhachev, said on Saturday that R

Key Takeaways

  • President Trump expressed optimism about possible progress with Iran but gave no specifics on the “good news”.
  • The Strait of Hormuz appeared to reopen under a US-brokered Israel‑Lebanon ceasefire, easing energy market fears with oil prices plunging ~10%, though uncertainty lingers over actual vessel transit ease.
  • Iran warned that the strait’s continued openness hinged on a U.S. port blockade being lifted, while Trump indicated the blockade would remain if no deal is reached by Wednesday.

Frequently Asked Questions

What 'good news' did President Trump mention about Iran?
President Trump said there was 'some pretty good news about Iran,' indicating optimism around ongoing peace talks, though he did not elaborate on details.
Is a ceasefire in the Middle East conflict with Iran guaranteed?
No, President Trump warned that the ceasefire may not be extended unless a long-term deal is agreed before it expires on Wednesday.
What is the current status of the Strait of Hormuz?
Iran temporarily reopened the Strait of Hormuz after a U.S.-brokered ceasefire, but uncertainty remains and shipping traffic has yet to normalize.
Where are US-Iran negotiations expected to take place?
Talks are expected to take place in Islamabad, Pakistan, but there were no signs of preparation for direct talks early on Saturday.
How is the ongoing war affecting global oil markets?
The conflict has caused the effective closure of the Strait of Hormuz, significantly impacting oil prices and shipping routes globally.

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