A reporter asked whether the United States offered Iran oil relief during peace negotiations, noting Iranian state media reports. The President answered, "No, I haven't heard that. No, I'm not doing any relief until they sign an agreement," tying any potential oil relief to a formal deal.
The President also defended U.S. pressure on Iran and said the military measures have prevented nuclear progress. He said, "We're not going to give them a nuclear weapon," and described the naval situation: "We have 1,600 ships in the straight that are loaded up with oil that are going to be coming out very soon," asserting that the blockade had been "infallible" and that "not one ship has gotten through the blockade. 37 have tried."
Why it matters: These comments link U.S. policy on sanctions and potential relief to a clear precondition — a signed agreement — and include an assertion about the effectiveness of maritime measures. The President framed the approach as aimed at preventing a nuclear weapon while leaving relief conditional on Iranian action.
The administration did not provide documentary details or specify what terms would trigger oil relief, nor did reporters receive additional detail about which maritime or legal authorities govern the described blockade.