US President Donald Trump says negotiations with Iran are ongoing and that Tehran has one final opportunity to reach an agreement before the United States escalates actions. Multiple outlets report that Trump frames the message as a “last chance” for Iran to end the conflict and avoid further US strikes. Bloomberg reports Trump speaks to reporters in the Oval Office and presents the offer of talks while noting that Iran has denied that negotiations are under way. Several accounts link the remarks to heightened tensions involving the Strait of Hormuz and the US stance on Iran’s nuclear programme. Trump warns Iran about consequences if it does not accept a deal, including language described as a threat of “decapitation” in some reporting. Other outlets specify that Trump calls for denuclearisation and says any potential agreement would address Hormuz, including reopening or related measures. Reports also reference a longer standoff between Washington and Tehran and note that talks have stalled or repeated difficulties have occurred in recent months. Oil price movements are mentioned by CNBC in connection with the warning and Iran’s denial. The overall coverage presents Trump’s statement as conditional on negotiations and denuclearisation, with a deadline associated with Hormuz.