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After a busy Monday involving the Middle East, President Trump told ABC news that he believes a deal to reopen the Strait of Hormuz and extend the ceasefire with Iran is possible "over the next week."
This came after Iran announced it was ending indirect talks with U.S. negotiators, protesting against Israel's attacks on its proxy Hezbollah in Lebanon.
Iran's Tasnim news agency, linked to the Iranian Revolutionary Guard Corps, reported that Tehran is cutting off talks due to the "continued crimes of the Zionist regime in Lebanon."
The report comes after Iranian Foreign Minister Abbas Araghchi posted to social media saying Lebanon must be included in the ongoing ceasefire between the U.S. and Iran.
"The United States and Israel bear responsibility for the consequences of any breach of the truce," Araghchi wrote.
This all came after the U.S. launched another round of defensive strikes against Iran over the weekend, even as negotiators continue trying to hammer out a broader peace agreement.
Military officials say American fighter jets targeted Iranian radar, air defense, and drone sites after Iran allegedly shot down a U.S. drone flying over international waters. The latest exchange is a reminder that tensions remain high despite months of ceasefire talks and diplomatic back-and-forth.
President Trump is reportedly pushing for stronger guarantees on Iran's nuclear program and access through the Strait of Hormuz.
Iran says it also carried out retaliatory strikes, though both sides continue to signal they want a deal rather than a wider war.
The Strait of Hormuz remains at the center of the dispute because so much of the world's oil passes through the narrow waterway.
For now, the shooting and the talking are continuing at the same time, with neither side appearing ready to walk away from negotiations.