Day 92 | Trump concludes Situation Room meeting on Iran without announcing a decision
US President Donald Trump met with advisers in the White House Situation Room for about two hours on Friday as he considers a tentative agreement with Iran that could reopen the Strait of Hormuz and launch nuclear negotiations. Trump said before the meeting he was preparing to make a “final determination,” though it remains unclear whether he has officially approved the proposal.
Meanwhile, Iran’s Foreign Ministry said a memorandum of understanding between Tehran and Washington has not yet been finalized. Iranian officials also said there has been no definitive confirmation that Supreme Leader Mojtaba Khamenei approved the proposed document.
At the same time, Iran’s Islamic Revolutionary Guard Corps navy announced it fired warning shots at four vessels near the Strait of Hormuz. According to a statement published on an affiliated Telegram channel, the ships were allegedly attempting to pass through the waterway “without prior coordination or authorization.”
US Treasury Department issues new Iran ‘counterterrorism’ sanctions
The US Treasury Department announced new “counterterrorism” sanctions targeting Iranian individuals and entities, according to a statement released by the department.
The measures are part of Washington’s broader pressure campaign against Iran, which has included sanctions on oil networks, shipping operations, and financial channels linked to Tehran.
The latest sanctions come despite growing speculation that the United States and Iran could be close to reaching an agreement aimed at ending the conflict that began on February 28.
US President Donald Trump has repeatedly stated that negotiations with Tehran would not result in sanctions relief, despite Iranian demands for economic concessions as part of any potential deal.
US officials have recently signaled progress in talks, though key disagreements reportedly remain unresolved.
US says it seizes $1 billion in Iranian cryptocurrency
US Treasury Secretary Scott Bessent said Friday that Washington had seized about $1 billion in cryptocurrency linked to Iran, describing the move as a direct takeover of digital wallets.
Speaking during a panel at the 2026 Reagan National Economic Forum, Bessent said US authorities had “just outright grabbed the wallets.”
“I believe that we have seized about a billion dollars in crypto,” Bessent said.
He added that some wallet owners may not yet realize their funds had been seized.
“Some of them may be typing in right now and might not realize that their wallet has been grabbed,” he said.
Day 91 of the US-‘Israeli’ war on Iran
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Read more: Day 91 | US, Iran reach tentative agreement, but deal still needs Trump’s sign-off
