May 23 (Reuters) - U.S. President Donald Trump said on Saturday that a memorandum of understanding on a peace deal has been "largely negotiated" with Iran and will open the Strait of Hormuz, with details to be unveiled soon."Final aspects and details of the Deal are currently being discussed, and will be announced shortly," Trump wrote on Trump Social.Trump posted the announcement after separate calls with the leaders of Muslim majority nations and Israeli Prime Minister Benjamin Netanyahu.

Officials in Pakistan told Reuters ongoing peace negotiations were “encouraging.”

US President Donald Trump said Saturday a deal with Iran had been "largely negotiated," with the proposal including opening the crucial Strait of Hormuz, though the agreement was…