WASHINGTON: US President Donald Trump said he hascanceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island. “Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have, as President of the United States of America, canceled the scheduled strikes and bombings against Iran this evening,” Trump wrote in a post on Truth Social.

US President Donald Trump said the naval blockade would remain “until this transaction is finalised”, with the time and place of the signing to be announced.

Trump has said multiple times in recent weeks that the warring parties have been on the cusp of a deal without anything coming to fruition.

Trump cancels planned military strikes against Iran. Iran closing its airspace by July 31 at 26.5% YES.

Trump cancels military strikes on Iran amid talks. Ceasefire by June 30 at 31.5% YES.