Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula, May 17. U.S. President Donald Trump said Saturday that Iran and the U.S. had "largely negotiated" a deal that included opening the Strait of Hormuz, but the draft was "subject to finalization." AFP-Yonhap
WASHINGTON/ISLAMABAD/NEW DELHI - A "largely negotiated" memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald Trump said on Saturday, although the Iranian Fars news agency disputed that claim.
Trump posted on social media that the emerging agreement would reopen the strait, the vital shipping passage whose closure has upended global energy markets since the U.S. 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.
But Fars reported early on Sunday that the agreement would allow Iran to manage the strait and that Trump's assertion on the strait was "inconsistent with reality."
