US President Donald Trump stated that Iran has agreed to suspend its nuclear program indefinitely, while firmly rejecting the release of any frozen Iranian funds. In a phone interview, Trump noted that the proposed moratorium would be 'unlimited' and indicated that negotiations were close to completion, with 'most of the main points' finalized. However, Iran has yet to confirm this claim, maintaining its right to enrich uranium, which leaves ambiguity around the agreement's specifics. The announcement came as Iran reopened the Strait of Hormuz for commercial shipping, following a ceasefire involving Israel in Lebanon. This development led to several oil tankers moving towards the strait, causing a drop in oil prices as markets reacted positively to the easing tensions. Despite the optimistic market response, analysts caution that some shipping restrictions related to Iran remain, and the details of any potential agreement, including the possibility of the US releasing up to $20 billion in frozen Iranian assets, are still unclear. Trump has dismissed the idea of unfreezing funds, emphasizing his opposition to transferring money to Tehran. Any agreement could pose political risks for Trump, reminiscent of the 2015 nuclear deal he withdrew from in 2018.