The United States and Iran are engaged in peace negotiations but both countries are coming up with different versions of the proposal. U.S. President Donald Trump claimed he could approve a p
The United States and Iran are engaged in peace negotiations but both countries are coming up with different versions of the proposal.
U.S. President Donald Trump claimed he could approve a peace deal soon that would include major concessions from Tehran, such as the opening of the Strait of Hormuz without any tolls and the end to its nuclear program.
Related: New oil pipeline bypassing Hormuz set for 2027 launch
"No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to," he wrote on Truth Social.
Top Iranian officials, however, signaled a final agreement has not been reached yet. The country's Fars news agency reported that Trump's latest comments on the deal were a "mixture of truth and lies."
As these negotiations take place, Treasury Secretary Scott Bessent dropped new information on seized Iranian assets on May 29.
The U.S. has seized $1 billion in Iranian crypto assets as part of the Operation Economic Fury of Trump’s war on Iran, Bessent revealed while speaking to Fox Business Network host Lawrence Kudlow at the Reagan National Economic Forum.
"Just outright grabbed the wallets.. some of them might be typing in right now and they might not realize that their wallets had been grabbed," Bessent exclaimed.
The U.S. is working with its European allies to "grab" Iranian villas and properties — this is money the Iranian regime has stolen from the people of their country, he added.
Iran is facing a severe economic crisis where people are being given food vouchers and inflation is over 200%, he also claimed.
Related: Liquidations near $1 billion as U.S., Iran exchange fire
