Former President Donald Trump has instructed US negotiators to approach discussions with Iran regarding a potential peace deal with caution, stating that they should not rush into an agreement. In a post on Truth Social, Trump emphasized that the US blockade on Iranian ships in the Strait of Hormuz will remain in place until a certified agreement is reached. The Strait is crucial, as it previously facilitated one-fifth of global oil and liquefied natural gas shipments. Negotiations are ongoing, with both sides having largely agreed on a memorandum of understanding that could lead to the reopening of the Strait. However, significant issues remain unresolved, including Iran's nuclear ambitions and the release of tens of billions of dollars in frozen oil revenues. A senior Trump administration official indicated that Iran had agreed in principle to the deal, which includes lifting the US naval blockade in exchange for Iran disposing of its highly enriched uranium. The complexities of the negotiations suggest that while progress is being made, a final agreement may still take time to finalize.