U.S. President Donald Trump announced on Thursday, June 11, that Washington and Tehran are close to a “grand bargain” to end the recent ...

Trump has repeatedly said that a peace agreement with Tehran is imminent, but diplomacy has stalled and the two sides have traded fire despite a ceasefire in place since April 8.

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

President says final agreement could be signed this weekend