Trump Will Not Make a Bad Deal With Iran, Bessent Says

Watch on YouTube ↗  |  May 28, 2026 at 18:57  |  0:33  |  Bloomberg Markets
Speakers
Scott Bessent — Treasury Secretary

Summary

Treasury Secretary Scott Bessent states President Trump's red lines for a deal with Iran: surrender highly enriched uranium, abandon nuclear weapons, and guarantee free transit through the Strait of Hormuz. Bessent asserts Trump will not accept a bad deal and will secure a favorable outcome for Americans. The remarks are policy-focused with no explicit trade recommendations.

  • Scott Bessent outlines three US red lines for Iran nuclear negotiations.
  • Iran must turn over highly enriched uranium and cannot pursue nuclear weapons.
  • The Strait of Hormuz must remain fully open for free navigation.
  • President Trump is determined not to make a bad deal for the American people.
  • The commentary is geopolitical and does not include direct market or trade calls.
  • Potential implication for oil supply risk if a deal materializes, but not actionable.
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