Trump Says Iran Deal Progressing as Oil Flow Hits Record Levels

U.S. President Donald Trump has expressed confidence about ongoing negotiations with Iran, claiming that discussions are moving in a positive direction and could lead to a significant agreement.

Speaking about the latest developments, Trump stated that Iran has been "decimated" and that the United States is currently working toward a deal with Tehran. He also highlighted a major milestone in global energy markets, noting that approximately 19 million barrels of oil moved through the Strait of Hormuz in a single day — a figure he described as the highest in the waterway's history.

Trump further pointed to strong economic indicators in the United States, saying that the stock market continues to perform exceptionally well while oil prices are declining. According to the U.S. President, increased oil flows and easing geopolitical tensions are contributing to greater market confidence.

In a separate statement, Trump also claimed that a breakthrough understanding had been reached with Iran regarding the recent conflict and its nuclear ambitions.

.@POTUS: "As you know, we just achieved a historic peace agreement with Iran to end the conflict... and most importantly, we are ensuring one thing very importantly— because this is why I did it... Iran will NEVER have a nuclear weapon, and they've agreed to that." pic.twitter.com/ofm8I7Alxx

— Rapid Response 47 (@RapidResponse47) June 23, 2026

"As you know, we just achieved a historic peace agreement with Iran to end the conflict... and most importantly, we are ensuring one thing very importantly— because this is why I did it... Iran will never  have a nuclear weapon, and they've agreed to that," Trump said.

The Strait of Hormuz remains one of the world's most critical energy chokepoints, carrying a significant share of global oil exports. Any progress in U.S.-Iran relations is closely watched by international markets due to its potential impact on energy prices, regional stability, and global trade.

Trump's remarks have fueled optimism among investors and energy traders, as markets assess the potential implications of reduced tensions in the Middle East, increased oil supply stability, and the possibility of a broader diplomatic framework between Washington and Tehran.

The comments come amid heightened international attention on developments in the Middle East and ongoing efforts to ensure long-term regional stability, energy security, and nuclear non-proliferation.