US Treasury Secretary Bessent said on May 28 that US and Iranian negotiating
teams remain in talks, but TRUMP has set multiple "red lines" and will not
accept a "bad deal." Bessent said TRUMP prefers a peaceful settlement and that
current US actions are "defensive," but the administration will act if a
peaceful agreement cannot be reached. TRUMP demands Iran hand over highly
enriched uranium, forswear nuclear-weapon development, and restore free
navigation through the Strait of Hormuz; Bessent said Oman told him it will not
charge passage fees and warned countries that try to restrict navigation could
face US sanctions.