On Saturday, President Donald Trump said that the United States, Iran and several Middle Eastern nations are nearing a broad peace agreement that could reopen the strategically vital Strait of Hormuz.

Trump Signals Iran Peace Breakthrough

In a post on Truth Social, Trump said he spoke from the Oval Office with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Türkiye, Egypt, Jordan and Bahrain regarding Iran and a proposed "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," Trump wrote.

Trump added that he separately spoke with Israeli Prime Minister Benjamin Netanyahu and said the conversation "likewise, went very well."