In a post published on Truth Social on Tuesday, United States (US) President Donald Trump claimed that Iran has "fully and completely" agreed to highest level nuclear inspections long into the future.
"If they did not agree to this, there would be no further negotiations! Based on this and other major concessions being made by Iran, I have agreed to allow the Hormuz Strait to remain open, with no further naval blockade," Trump added.
These comments don't seem to be having a noticeable impact on the US Dollar's (USD) performance. At the time of press, the USD Index was trading at its highest level since May 2025 at 101.25, rising 0.25% on the day.