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US President Trump hints at ‘major energy prize’ as US–Iran talks gather pace

By The South Asia Times

WASHINGTON - US President Donald Trump on Tuesday stirred intrigue by revealing that Iran had offered what he described as a “very significant prize,” even as quiet negotiations intensify to bring an end to the ongoing conflict.

Speaking at the White House during the swearing-in of Homeland Security Secretary Markwayne Mullin, Trump suggested that the undisclosed development could reshape the economic dimension of the crisis.

Without revealing specifics, he emphasized that the “prize” was tied to oil and gas—an indication that energy diplomacy may now be at the center of talks.

The remarks came just a day after Trump postponed potential U.S. strikes on Iranian energy infrastructure, signaling a shift from immediate military escalation toward negotiation. Central to the standoff remains the Strait of Hormuz, a vital artery for global oil supplies that has been effectively disrupted by weeks of conflict.

“We are dealing with the right people,” Trump said, expressing cautious optimism about the ongoing contacts. Senior U.S. officials, including Vice President JD Vance and Secretary of State Marco Rubio, are actively engaged in the diplomatic effort, alongside key advisers.

Behind the scenes, however, military pressure remains. Reports indicate that the Pentagon is weighing options to reinforce its regional posture, even as officials stress that no final decision has been made on deploying additional ground forces.

The conflict—now nearing a month, has rattled global markets, driving concerns over oil prices and inflation, issues that could carry political consequences in Washington as elections approach.

Despite the uncertainty, Trump’s remarks suggest a possible turning point: a shift from confrontation to negotiation, where energy, rather than weapons, may define the outcome of one of the most volatile crises in recent years.