President Trump on Monday, August 3rd, 2026, warned that it was Iran’s “last chance” to make a peace deal with the U.S. or face “decapitation,” as he promoted the most recent talks with Tehran. Speaking from the Oval Office, Trump described the discussions with Iran as “not very complex” and expected them to progress quickly, claiming that the Strait of Hormuz could reopen fully “literally by tomorrow” as part of what he called “phase one” of an agreement.

He outlined that a “second phase” of talks would follow, focusing on Iran’s denuclearization, which he acknowledged would take more time. Trump has pursued negotiations with Tehran after repeatedly calling off planned airstrikes, marking the fifth such instance since April.

On Sunday, Trump revealed that the U.S. had prepared “an attack planned that would have been the biggest attack since World War II” before Saudi Arabia, the United Arab Emirates, and Qatar reached out to the U.S. seeking diplomacy. “Many, many countries called … and they all wanted to give this a last chance,” Trump said. He stressed to reporters, “This is a last chance for them to sign a good document,” and later added, “I want to give them every last chance before decapitation.”

CBS News reported on the same day that there are no new talks planned with Iran, only ongoing negotiations through mediators. However, the tenuous deal reportedly fell apart the following month after renewed exchanges of strikes between the two sides.

Oklahoma Republican James Lankford commented on Sunday that President Trump “has no desire” to bomb Iran, emphasizing the president’s focus on securing a deal. Lankford noted, “We have the capability to be able to bomb them back to the Stone Age, but there’s no desire.”

Late Saturday, Trump announced halting the attack plan against Iran, citing the outline of a deal as the reason. He described the U.S. as “locked and loaded and ready to go against the Islamic Republic of Iran, at levels of Military Terror, Strength, and Power not seen since World War II.”

Sources