On Friday, President Donald Trump left a White House Situation Room meeting without announcing whether he would approve a proposed agreement aimed at extending a fragile ceasefire with Iran.
The development was reported by CNBC, citing an administration official. The White House did not immediately respond to requests for comment.
Earlier Friday, Trump said on Truth Social that he would make his "final determination" after the meeting, while laying out a series of conditions Iran must meet before any agreement moves forward.
Those demands included preventing Iran from ever obtaining a nuclear weapon, keeping the Strait of Hormuz open to unrestricted shipping traffic and ensuring Iran's enriched nuclear materials are removed and destroyed under international oversight.
"No money will be exchanged, until further notice," Trump wrote, while adding that several lower-priority issues had already been resolved.
Despite the high-profile meeting, no final decision was announced afterward.
Iran Pushes Back On US Claims About Ceasefire Terms
Confusion surrounding the draft agreement deepened after Iranian state-linked media disputed several of Trump's assertions, the report noted.
According to reports from Tehran, the proposed 60-day memorandum does not include provisions requiring the destruction of nuclear material or language guaranteeing toll-free access through the Strait of Hormuz.
Iranian sources also reportedly argued that releasing roughly $12 billion in frozen assets remains central to any agreement.
The temporary framework under discussion would reportedly extend the existing ceasefire, remove maritime threats in regional waters and create space for broader negotiations over nuclear activity, sanctions relief and frozen assets.
Oil prices fell 1.28% to $87.76 per barrel as of 6:16:54 p.m. EDT, while natural gas slipped 0.37% to $3.273 as of 6:17:09 p.m. EDT, with both commodities trading lower late Friday.
Treasury Says Economic Campaign Is Crippling Tehran
Meanwhile, Treasury Secretary Scott Bessent said Friday that Washington's pressure campaign has severely weakened Iran economically.
"We have seized about a billion dollars of their crypto," Bessent said during an interview with FOX Business. "Just outright grabbed the wallets."
Bessent described the broader strategy, dubbed "Operation Economic Fury," as pushing Tehran toward a financial crisis.
"They are at the end of their tether now financially," he said, citing inflation, funding shortages and mounting economic stress inside Iran.
