After saying US would hit Iran 'very hard', Trump signals possible breakthrough in ceasefire negotiations.

It was the third time this week that back-and-forth strikes have rattled the Middle East.

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.

The US and Iran have traded strikes for two straight days, pushing the Middle East closer to the resumption of a full-scale war.

President Donald Trump announced on Thursday that he has called off impending strikes on Iran due to the state of negotiations.