President Donald Trump says the United States is holding talks with Iran and presents them as the country’s “last chance” to reach an agreement and avoid escalation. Several reports cite Trump’s remarks in the Oval Office, where he frames the negotiations as an opportunity before a potential severe outcome, using the phrase “last chance before decapitation” in comments carried by Bloomberg and other outlets.

The coverage also describes Trump as linking the renewed diplomatic outreach to developments in the tense US-Iran relationship. Bloomberg reports that Trump says he has called off what he characterized as a major attack on Iran, and that his offer of talks follows that decision. Trump’s statements include demands that any deal involve denuclearization, according to one outlet’s summary, and references to a deadline tied to the Strait of Hormuz.

Iran, as reported by Bloomberg, denies that negotiations are ongoing. Other outlets repeat Trump’s characterization of the talks as a near-term decision point, saying they could unfold quickly “one way or the other.”