Donald Trump has said that a peace deal with Iran that would reopen the vital Strait of Hormuz “has been largely negotiated” after calls with a Pakistani mediator, Gulf allies and Israel.
The President wrote on Truth Social on Saturday that “final aspects and details” of the memorandum of understanding are “currently being discussed and will be announced shortly”.
According to a US official speaking to Axios, the agreement includes a 60 day ceasefire extension during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil and talks would be held on restricting Iran’s nuclear program.
However, Iran appear to be less positive about the progress of the negotiations, with Esmaeil Baghaei, a foreign ministry spokesman, saying: “The agreement is both very far and very close.”
Key roadblocks could still block a concrete resolution, with experts singling out Israel as the most likely reason for the potential failure of talks. On Saturday, Trump once again threatened to “blow [Iran] to kingdom come” if talks fail.
