Having moved from threats to peace in a matter of hours, Trump says markets ‘like the deal’ and the Strait of Hormuz will reopen soon.

The U.S. president said the agreement will prohibit Iran from having nuclear weapons and result in the immediate reopening of the Strait of Hormuz.

Speaking after Monday's exchange of strikes — the biggest blow yet to the April ceasefire in the Iran war — Trump said bombing Iran further would keep the Strait of Hormuz closed…

Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.

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.

The latest sudden reversal came after what he said were the agreements of "final points" by numerous countries - except Iran.

The US president said the “highest level” of Iran’s leadership had approved a deal, and that the timing and place of signing it would be announced soon.

President Donald Trump on Thursday said the United States and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of...

U.S. President Donald Trump on Thursday announced a 'great settlement' with Iran to end the Middle East war, saying he expected a deal to be signed in...

President Donald Trump on Thursday said the United States and Iran could sign a peace deal as soon as this weekend that would reopen shipping traffic

Trump cancels planned Iran strikes and touts an imminent peace deal, sparking a stock rally and tumbling oil prices amid cautious skepticism from Tehran

Iranian media says chances of an agreement are high, but cautions not to take Trump's word until deal officially sealed

The rapidly shifting rhetoric has roiled markets as traders search for signs that a deal may be near. | World News

The rapidly shifting rhetoric has roiled markets as traders search for signs that a deal may be near. | World News

President Donald Trump claimed that Iranian leaders have agreed to a memorandum of understanding with the United States.

US President Donald Trump said Thursday he had halted plans for new military strikes on Iran, claiming negotiators were close to extending a fragile ceasefire, just hours after…

WASHINGTON -- US President Donald Trump said Thursday that the United States had "just made a great settlement of the war with Iran," with an agreement expected to be signed "over…

The US vice-president is expected to take part in the signing ceremony if it goes ahead

Having moved from threats to peace in a matter of hours, Trump says markets ‘like the deal’ and the Strait of Hormuz will reopen soon.

Trump announces a potential Iran war deal as tensions persist, with significant diplomatic progress and market reactions amid ongoing conflicts.