President Donald Trump announced Friday that he has canceled planned U.S. strikes against Iran [1].

The decision marks a sudden pivot from imminent military action to diplomatic resolution, potentially averting a direct conflict between the two nations.

The cancellation occurred on June 12, 2026 [2], just hours after a prior warning had been issued [3]. Trump said the move followed a breakthrough in negotiations regarding a peace agreement.

"I've canceled the strikes against Iran, and we will announce the deal signing shortly," Trump said [1].

According to the president, the decision was made because the Iranian leadership provided high-level approval of the final points of the agreement [4]. This diplomatic signal led to the stand-down of military assets that were prepared to target Iran [1].

Trump described the outcome as a "great settlement" [5]. He said the formal signing of the deal would be announced shortly [1].

The sequence of events—moving from a military warning to a peace deal within a few hours—highlights the volatile nature of the current U.S.-Iran relationship. While the specific terms of the agreement have not been fully detailed, the administration indicated that the approval of final points was the catalyst for the cessation of planned hostilities [4].

White House officials have not yet released the specific timeline for the signing ceremony, though the president said it would be imminent [1].

"I've canceled the strikes against Iran, and we will announce the deal signing shortly."

This development suggests a shift toward a negotiated settlement after a period of extreme tension. By leveraging the threat of immediate military strikes to secure high-level approval of a peace deal, the administration has utilized a 'maximum pressure' strategy to reach a diplomatic conclusion. The speed of the transition from planned strikes to a deal signing indicates that both parties may have been close to an agreement, using the threat of escalation as a final catalyst for signing.