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Trump Expects Iran Negotiations to Begin Soon, Cites 'Last Chance' for Deal

President Donald Trump stated Monday he expects negotiations with Iran to commence within the next 24 to 48 hours. The talks aim to address concerns about Iran's nuclear program and reopen the Strait of Hormuz.

08/19/2026 · California edition

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Why it matters locally: Potential disruptions to global oil markets due to negotiations regarding the Strait of Hormuz could indirectly affect gasoline prices and shipping costs for California businesses and consumers.

WASHINGTON D.C. — President Donald Trump announced Monday from the Oval Office he anticipates negotiations with Iran will begin within the next day or two. The President characterized these upcoming discussions as a "last chance" for Iran to reach an agreement. Trump described the expected talks as a pathway for Iran to address the United States' concerns regarding its nuclear program. He also indicated the negotiations would focus on reopening the Strait of Hormuz, a critical shipping lane.

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