The United States and Iran are close to a deal to end their ongoing war, according to an official cited by Axios. President Trump said the agreement has been largely negotiated and that the Strait of Hormuz will be opened as part of the arrangement.
The White House position, as described through Trump’s public comments, is that the agreement is not final but is in its closing stage. Axios reported that the proposed arrangement would stop hostilities, reopen the Strait of Hormuz and begin a 30-day period for further negotiations on unresolved issues, including Iran’s nuclear program. AP reported that Trump described the draft as a “Memorandum of Understanding pertaining to PEACE.”
Trump said the deal was in its final stages and would be announced shortly, according to reporting from The Washington Post. The New York Times reported that Trump said a peace deal was near.
The Strait of Hormuz is one of the world's most critical waterways for oil shipments. Its status has been a central concern throughout the conflict. CNN reported Trump's claim that the strait would be opened as part of the agreement.
The Guardian reported that the fate of the strait remained in balance as of Saturday, even as Trump stated the deal was largely negotiated. Iranian state media disputed the idea that the matter was settled, saying Iran would retain control over the strait. Details of the full terms had not been publicly released.
