President Donald Trump expressed confidence in a swift conclusion to the ongoing war with Iran, and stated that the negotiating parties are on the verge of finalizing a "very, very good deal" aimed at prohibiting nuclear weapons.

Following his attendance at the NBA Finals in New York, early Tuesday, Trump told reporters that a deal could be struck in "two or three days," with the reopening of the strategically important Strait of Hormuz to follow "immediately." On being asked if a peace agreement would be signed in the two-to-three-day timeframe, Trump refused.

"No, no,…we have a good chance of doing it," he said.

Addressing the recent incident involving a U.S. military Apache helicopter near the Strait of Hormuz, Trump assured that the pilots are safe and uninjured.

The administration is set to release a report on the incident on Tuesday, said the President.