Us President Donald Trump on Tuesday said Iran had made a significant oil-gas-related concession, describing it as a “very big present” , even as negotiations to end the ongoing conflict continue.Speaking in the Oval Officem Trump did not disclose details but suggested the move could be linked to the Strait of Hormuz, a key global energy transit route that has been disrupted during the conflict

“They gave us a present and the present arrived today, and it was a very big present, worth a tremendous amount of money.” he said, adding, “it wasn’t nuclear, it was oil-and gas-related and it was a very nice thing they did.”

Meanwhile, the broader conflict between the United States and Iran continues to escalate despite signs of possible diplomacy. The war, which began in late February 2026, has centered heavily on control of the Strait of Hormuz, a strategic waterway through which roughly 20% of the world’s oil supply passes. The disruption of shipping in the strait has caused major spikes in global energy prices and significantly reduced maritime traffic.

In recent days, U.S. officials have signaled both military readiness and openness to negotiations. Reports indicate that up to 3,000 American troops could be deployed to the region, even as the White House claims talks with Iranian intermediaries are making progress. However, Iran has publicly denied that direct negotiations are taking place, accusing Washington of exaggerating developments for political and economic purposes.