{"id":465678,"date":"2026-05-29T06:55:27","date_gmt":"2026-05-29T06:55:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/465678\/"},"modified":"2026-05-29T06:55:27","modified_gmt":"2026-05-29T06:55:27","slug":"iran-reportedly-launches-missiles-trump-mulls-war-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/465678\/","title":{"rendered":"Iran reportedly launches missiles, Trump mulls war deal"},"content":{"rendered":"<p>US President Donald Trump speaks during an announcement with Environmental Protection Agency (EPA) Administrator Lee Zeldin in the Oval Office of the White House in Washington, DC on May 21, 2026. <\/p>\n<p>Kent Nishimura | AFP | Getty Images<\/p>\n<p>Iran&#8217;s armed forces fired missiles at unidentified targets late Thursday local time, the state media outlet Fars reported.<\/p>\n<p>The latest military action in southern Iran came hours after the Pentagon said that Iran had launched a ballistic missile toward Kuwait and deployed attack drones in and around the strait.<\/p>\n<p>Earlier Thursday, a White House official confirmed an <a href=\"https:\/\/www.axios.com\/2026\/05\/28\/iran-peace-deal-trump-approval\" target=\"_blank\" rel=\"nofollow noopener\">Axios<\/a> report that the U.S. and Iran have &#8220;mostly agreed&#8221; to the terms of an agreement to temporarily end the three-month-old war.<\/p>\n<p>But President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump<\/a> has yet to give final approval to the 60-day memorandum of understanding, which would extend an ongoing ceasefire and start nuclear negotiations, that official said.<\/p>\n<p>Axios reported that American officials said Iran has signed off on that deal, but noted that Tehran has not confirmed that.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/05\/27\/stock-market-today-live-updates.html\" rel=\"nofollow noopener\" target=\"_blank\">Major stock indexes<\/a> rose Thursday, following the reported progress toward a temporary deal that could lead to the end of the 3-month-old war.<\/p>\n<p>Treasury Secretary Scott Bessent was noncommittal when asked later Thursday if an agreement with Iran was indeed on the table.<\/p>\n<p>&#8220;The teams have been going back and forth,&#8221; Bessent said at a White House press briefing.<\/p>\n<p>Trump has &#8220;several red lines&#8221; for any agreement, either in the short- or long-term, Bessent said.<\/p>\n<p>Those include a demand that Iran turn over its highly enriched uranium and abandon its pursuit of a nuclear weapon. Bessent also said that the <a href=\"https:\/\/www.cnbc.com\/2026\/05\/28\/oil-prices-iran-war-us-trump-strait-hormuz-energy-inflation-investors.html\" rel=\"nofollow noopener\" target=\"_blank\">Strait of Hormuz<\/a> must be free and open, as it was before the war.<\/p>\n<p>The apparent developments in diplomatic progress between the U.S. and Iran \u2014 and corresponding optimism from <a href=\"https:\/\/www.cnbc.com\/markets\/\" rel=\"nofollow noopener\" target=\"_blank\">markets<\/a> \u2014 came in contrast to a slew of signs that tensions in the region are mounting.<\/p>\n<p>The <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0507\" target=\"_blank\" rel=\"nofollow noopener\">U.S. Treasury<\/a> on Wednesday said it sanctioned <a href=\"https:\/\/www.cnbc.com\/id\/10000297\" rel=\"nofollow noopener\" target=\"_blank\">Iran<\/a>&#8216;s &#8220;Persian Gulf Strait Authority,&#8221; the agency Tehran launched earlier this month as it works to exert control over transit through the strait.<\/p>\n<p>Bessent later warned Oman \u2014 which has <a href=\"https:\/\/www.nytimes.com\/2026\/05\/21\/world\/middleeast\/iran-strait-of-hormuz-tolls.html\" target=\"_blank\" rel=\"nofollow noopener\">reportedly<\/a> been in talks with Iran about charging vessels transiting the key oil shipping route \u2014 not to allow a tolling system in the waterway.<\/p>\n<p>&#8220;Oman, in particular, should know that the U.S. Treasury will aggressively target any actors involved \u2014 directly or indirectly \u2014 in facilitating tolls for the Strait and any willing partners will be penalized,&#8221; Bessent wrote in an X post Thursday morning.<\/p>\n<p>The post came one day after Trump, while insisting at a Cabinet meeting that the strait must remain unobstructed, said that &#8220;Oman will behave just like everybody else, or we&#8217;ll have to blow &#8217;em up.&#8221;<\/p>\n<p>Bessent, during Thursday&#8217;s press briefing, said Oman&#8217;s ambassador had assured him in a phone call that morning that &#8220;there were no plans for tolling the strait.&#8221;<\/p>\n<p>Read more CNBC politics coverage<\/p>\n<p>The sanctions announced Wednesday are part of &#8220;Operation Economic Fury,&#8221; the Trump administration&#8217;s effort to squeeze Tehran&#8217;s finances that U.S. officials say has supplanted its military campaign dubbed &#8220;Operation Epic Fury.&#8221;<\/p>\n<p>&#8220;Iran&#8217;s Persian Gulf Strait Authority (PGSA) is a joke, and today Treasury has sanctioned it,&#8221; Bessent said on X Thursday morning prior to his post calling out Oman. &#8220;We have warned any corporate or state entities against paying tolls or hiding them as aid payments.&#8221;<\/p>\n<p>Meanwhile, Iran and the U.S. continue to use force in the strait, further eroding their shaky ceasefire that is nominally still in effect.<\/p>\n<p>Iran on Wednesday night &#8220;launched a ballistic missile toward Kuwait that was successfully intercepted by Kuwaiti forces,&#8221; U.S. Central Command said Thursday morning, calling the action an &#8220;egregious ceasefire violation.&#8221;<\/p>\n<p>The attack took place &#8220;hours after Iranian forces launched five one-way attack drones that posed a clear threat in and near the Strait of Hormuz,&#8221; CENTCOM said in an X post. &#8220;All drones were successfully intercepted by U.S. forces which also prevented a sixth drone launch from an Iranian ground control site in Bandar Abbas.&#8221;<\/p>\n<p>The latest military and economic actions followed Trump&#8217;s insistence Wednesday that he feels no pressure to make a deal with Iran before the midterm elections more than five months away.<\/p>\n<p>&#8220;They&#8217;re getting clobbered. Their economy is in free fall,&#8221; Trump said of Iran during a Cabinet meeting.<\/p>\n<p>&#8220;They thought they were going to outwait me, you know. &#8216;We&#8217;ll outwait him, he&#8217;s got the midterms.&#8217; I don&#8217;t care about the midterms,&#8221; Trump said.<\/p>\n<p>This is developing news. Please check back for updates.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump speaks during an announcement with Environmental Protection Agency (EPA) Administrator Lee Zeldin in the&hellip;\n","protected":false},"author":2,"featured_media":465679,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[151246,199379,6419,357,4406,6420,54,1675,4410,2973,2784,42,87,43,2595,238,2635,3336,40,38,41,39,1032],"class_list":["post-465678","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-lco26n","tag-lco26v","tag-breaking-news-politics","tag-business-news","tag-defense","tag-donald-j-trump","tag-donald-trump","tag-economic-events","tag-elections","tag-foreign-policy","tag-government-debt","tag-headlines","tag-iran","tag-news","tag-oman","tag-politics","tag-scott-bessent","tag-tehran","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/465678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=465678"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/465678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/465679"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=465678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=465678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=465678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}