Iran’s Supreme Leader Ayatollah Ali Khamenei sought on Tuesday to play down expectations of a breakthrough in nuclear talks with the U.S., following stirrings of hope among some Iranians weary of economic hardships that have at times sparked public unrest.

Failure to reach a deal with President Donald Trump to end Iran’s decades-long dispute with the West could profoundly hurt the Islamic Republic, Iranian politicians and insiders have said, even if Washington is subsequently portrayed by Tehran as the guilty party.

A second round of nuclear talks will be held in Italy on April 19.

Iran’s battered rial currency has gained some 20% against the dollar in the past few days, with many Iranians hoping an deal to end Iran’s economic isolation may be within reach.

“We are neither overly optimistic nor pessimistic regarding them. After all, it is a process which was decided and its first steps have been well implemented,” Khamenei said in a meeting with officials, according to state media.

White House special envoy Steve Witkoff, who leads the talks with Iran, said that Trump has asked him to “create a tough, fair deal that will endure.”

“Any final arrangement must set a framework for peace, stability, and prosperity in the Middle East – meaning that Iran must stop and eliminate its nuclear enrichment and weaponization program,” Witkoff posted on X on Tuesday.

Iran’s clerical rulers have publicly said that demands such as dismantling the country’s peaceful nuclear programme or its conventional missile capabilities were off the table.