Washington and Iran have "largely negotiated" a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz, US President Donald Trump says, as expectations rise that a turning point might be imminent in the three-month-old war.
Trump posted on social media that the emerging agreement would reopen the strait, the vital shipping passage whose closure has sparked a global energy crisis since the US and Israel launched the war on Iran in February. He did not say what else would be included in an agreement.
"Final aspects and details of the Deal are currently being discussed, and will be announced shortly," Trump wrote on Truth Social on Saturday.
