US President Donald Trump has urged caution in negotiating a potential deal with Iran, stating that representatives should not rush the process. The US blockade on Iranian ships in the Strait of Hormuz will remain until a formal agreement is achieved. Trump indicated that both sides have largely negotiated a memorandum of understanding aimed at reopening the Strait, which is crucial for global oil and gas shipments. However, significant issues remain unresolved, including Iran's nuclear ambitions and the lifting of sanctions. A senior administration official noted that Iran has agreed in principle to the deal, which includes disposing of its highly enriched uranium. Critics within Trump's party have raised concerns about the terms of the deal, fearing it may strengthen Iran's position. Despite these criticisms, Trump dismissed them, asserting that the deal is not fully negotiated yet. The ongoing conflict has already had severe humanitarian impacts, with thousands killed and significant displacement in Lebanon. A resolution could ease market pressures but is unlikely to restore full oil flows through the Strait until 2027.