India, May 29 -- US President Donald Trump on Friday said he was making a "final determination" on whether to move ahead with a peace agreement with Iran, while laying out a series of conditions that Tehran would need to meet.

In a lengthy social media post, Trump said Iran must permanently abandon any ambitions of acquiring nuclear weapons and ensure unrestricted shipping through the Strait of Hormuz.

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"Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions," Trump wrote.

He also called for the removal of any remaining naval mines in the strategic waterway and said ships a...