President Donald Trump announced Sunday that a peace agreement with Iran has been largely negotiated but is still awaiting finalization [1].

The announcement comes amid the ongoing Iran-Israel war, suggesting a potential diplomatic path to end the conflict and stabilize West Asia. A finalized deal could shift the geopolitical landscape by reducing direct hostilities between the two nations.

Trump shared the update via social media during live coverage of the conflict [1]. He said, "An agreement has been largely negotiated, subject to finalisation" [1]. The U.S. president said that the deal would include the reopening of the Strait of Hormuz [2].

Iranian leadership has signaled a willingness to avoid nuclear escalation. President Masoud Pezeshkian said, "Iran does not want a nuclear weapon" [3]. This statement aligns with the diplomatic momentum described by the U.S. administration.

Reports on the scope of the negotiations vary. Some sources indicate that Pakistan may be part of the broader discussions surrounding the deal [4]. However, other reports of the announcement make no reference to Pakistan's involvement [1].

The timing of the announcement coincides with intense regional instability. The reopening of the Strait of Hormuz is a critical component of the proposed deal, as the waterway is a primary artery for global oil shipments. Any disruption to this corridor affects energy prices, and international shipping security.

Trump has not provided a specific timeline for the final signing of the agreement, though he said that talks would occur very soon [1].

"An agreement has been largely negotiated, subject to finalisation."

The potential agreement represents a significant attempt to de-escalate the Iran-Israel war through a combination of maritime security and nuclear non-proliferation. By focusing on the Strait of Hormuz, the U.S. is prioritizing the restoration of global energy markets, while the Iranian administration's rhetoric suggests a desire to avoid a full-scale nuclear confrontation.