Iran-US war latest: Trump says peace deal with Tehran ‘largely negotiated’

Trump said the deal included reopening the Strait of Hormuz, adding that the details would be announced “shortly”

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Donald Trump has said that a deal with Iran, including reopening the Strait of Hormuz, has been "largely negotiated".

The US president posted the announcement on Truth Social on Saturday, saying he had held calls with Israel and other allies in the region.

Trump said final aspects and details of the deal are being discussed and will be announced "shortly” but was not more specific about the timetable for a further announcement.

He said he had spoken with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan and Bahrain, along with Israel.

Trump added that the deal was “subject to finalisation between the United States of America, the Islamic Republic of Iran, and the various other countries.”

However, the Strait of Hormuz ⁠would remain under Iran's management according ⁠to ​the ⁠latest exchanged ⁠text between Tehran ​and ⁠the US, ‌Iran's Fars news ‌agency reported.

It ‌dismissed Trump's announcement of reopening the strait as part ‌of ​a "largely ‌negotiated" deal ⁠as "incomplete ⁠and inconsistent ‌with ​reality."

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Key Points

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• UN conference to review nuclear proliferation treaty ends without deal

Trump's Truth Social post in full

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Strait of Hormuz would remain under Iran's management, Iran's Fars says

The Strait of Hormuz ⁠would remain under Iran's management according ⁠to ​the ⁠latest exchanged ⁠text between Iran ​and ⁠the US, ‌Iran's Fars news ‌agency reported on Sunday.

It ‌dismissed Donald Trump's announcement of reopening the strait as part ‌of ​a "largely ‌negotiated" deal ⁠as "incomplete ⁠and inconsistent ‌with ​reality."

Full story: Trump says Strait of Hormuz to reopen after Iran peace deal ‘largely negotiated’

Trump says Strait of Hormuz to reopen after Iran peace deal ‘largely negotiated’

Trump on Truth Social: 'Final aspects of deal being discussed, Strait of Hormuz to reopen'

The president has just written on his Truth Social social media: “I am in the Oval Office at the White House where we just had a very good call with President Mohammed bin Salman Al Saud, of Saudi Arabia, Mohammed bin Zayed Al Nahyan, of The United Arab Emirates, Emir Tamim bin Hamad bin Khalifa Al Thani, Prime Minister Mohammed bin Abdulrahman bin Jassim bin Jaber Al Thani, and Minister Ali al-Thawadi, of Qatar, Field Marshal Syed Asim Munir Ahmed Shah, of Pakistan, President Recep Tayyip Erdoğan, of Türkiye, President Abdel Fattah El-Sisi, of Egypt, King Abdullah II, of Jordan, and King Hamad bin Isa Al Khalifa, of Bahrain, concerning the Islamic Republic of Iran, and all things related to a Memorandum of Understanding pertaining to PEACE.

“An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries, as listed. Separately, I had a call with Prime Minister Bibi Netanyahu, of Israel, which, likewise, went very well.

“Final aspects and details of the Deal are currently being discussed, and will be announced shortly. In addition to many other elements of the Agreement, the Strait of Hormuz will be opened.

“Thank you for your attention to this matter! President DONALD J. TRUMP”

Iran and US signal some progress in talks as Trump weighs striking again

European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.

EU Economy Commissioner Valdis Dombrovskis said that higher energy prices are primarily responsible for driving inflation to a forecast 3.1% for this year and 2.4% for 2027. That’s significantly higher than the earlier forecast for this year of 1.9%.

“We expect that this energy inflation will gradually also trickle down to different sectors of the economy,” Dombrovskis said after a meeting of the 21-member eurozone's finance ministers, who make up the Eurogroup.

Read more below:

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

Iran and US signal some progress in talks as Trump weighs striking again

Iran on Saturday signaled "narrowing differences" in negotiations with the US after Pakistan's army chief held more talks in Tehran and the United States weighs a new round of attacks on the Islamic Republic, AP reports.

Secretary of State Marco Rubio told journalists in India that "there's been some progress made" and "there may be news later today."

Iran has rebuilt military assets after weeks of war and then a fragile ceasefire, parliament speaker Mohammad Bagher Qalibaf said after the meeting with Field Marshal Asim Munir, state TV reported.

Qalibaf, the lead negotiator in historic face-to-face talks with the US last month, also said the result would be "more crushing and more bitter" than at the start of the war if Donald Trump resumes attacks.

Separately, Iran's official IRNA news agency quoted Foreign Ministry spokesperson Esmail Baghaei as saying that nuclear issues are not part of the current negotiations, as Tehran first seeks to end the war before discussing its nuclear program that has long been at the heart of international tensions.

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Trump is a mentally unstable bully – but his spell has been broken

Trump ‘50/50’ over whether to resume bombing in Iran as he reveals deadline for decision: report

President Trump said Saturday he is “50/50” on whether the U.S. will resume bombing Iran, revealing he expects to make a final decision by Sunday.

“I think one of two things will happen: either I hit them harder than they have ever been hit, or we are going to sign a deal that is good,” Trump told Axios on Saturday.

The president said he, along with Vice President JD Vance, planned to meet with Steve Witkoff and Jared Kushner later Saturday to discuss Iran’s latest proposal.

Trump described the situation as a “solid 50/50” – saying he could either secure a “good” agreement with Tehran or “blow them to kingdom come.”

Under the proposed outline, which evolved from the latest peace talks between Iran and Pakistan, the U.S. and Iran would agree to halt military action and enter into a 30-day period of more detailed negotiations aimed at reaching a broader agreement.

Read more below.

Trump ‘50/50’ over whether to resume bombing in Iran: report

Trump to hold talks with Gulf, regional leaders on Saturday, Arab official says

⁠Donald Trump will ⁠hold a ​phone ⁠call ⁠on ​Saturday ⁠with leaders ‌from Saudi ‌Arabia, Qatar, the ‌UAE, ⁠Egypt, Turkey and Pakistan, an ‌Arab ​official ‌told Reuters.

The US president said on Saturday that negotiators for the United States and Iran were "getting a lot ⁠closer" to finalising an agreement to end the war, according to an interview with CBS News.

He said a final agreement would prevent Iran from ⁠obtaining a nuclear weapon and ​would ⁠ensure that Iran's enriched uranium would be "satisfactorily handled," according to CBS.

"I will only ⁠sign a deal where we get everything ​we ⁠want," Trump was quoted as ‌saying. Iran, the United States and mediator Pakistan all said on Saturday that progress had been ‌made in talks on ending ‌almost three months of war.

Trump said he would discuss the latest Iran draft agreement with advisers on Saturday and ⁠might make a decision on whether to resume the war by Sunday, he told Axios in a separate interview.

"Either we reach a good deal or I'll blow them to a thousand hells," Trump said, according to Axios.

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