Trump Warns Iran Has No Cards Except Strait of Hormuz in Peace Talks

President Donald Trump pauses as he finishes speaking about the Iran war from the Cross Hall of the White House in Washington, on April 1, 2026. Alex Brandon-Pool/Getty ImagesPresident Donald Trump on Friday said that the Iranian regime has very few negotiating options ahead of talks between Tehran and Washington in Pakistan over the weekend as a two-week ceasefire between the two parties continues to hold.In a post on Truth Social, the president wrote Iran has “no cards” other than attempting to block commercial navigation through the Strait of Hormuz, which carries around one-fifth of the world’s oil on a normal day. The effective shutdown of the strait since Feb. 28 has sent oil, gas, and energy prices surging and has prompted fears about the global economy.