President Donald Trump announced Saturday that the U.S. has halted a planned attack on Iran after both nations agreed to the perimeters of a peace deal [1].

The decision prevents an immediate military escalation in the Middle East and seeks to stabilize global energy markets by reopening the Strait of Hormuz.

Speaking during a White House press briefing in Washington, D.C., Trump said that Iran and its regional partners agreed to a framework intended to end hostilities [2]. The announcement occurred on Aug. 2, 2026 [3]. Trump said the U.S. does not want to rush into a deal, and described ongoing talks as constructive [4].

The planned military strike was canceled once the outline of the agreement was reached [5]. This framework establishes the boundaries for a formal treaty that Trump said would be signed on Sunday, Aug. 3, 2026 [6].

The agreement aims to resolve long-standing tensions and restore maritime security in critical shipping lanes. By establishing these perimeters, the administration intends to move away from the brink of conflict toward a diplomatic resolution with Tehran [2].

While the specific terms of the peace deal have not been fully disclosed, the administration indicated that the agreement focuses on ending active hostilities [2]. The shift in strategy marks a significant pivot from the planned military action to a negotiated settlement [5].

President Trump announced Saturday that the U.S. has halted a planned attack on Iran

The cancellation of a planned strike in favor of a 'perimeters' agreement suggests a tactical shift toward diplomacy to avoid a full-scale regional war. By prioritizing the reopening of the Strait of Hormuz, the U.S. is addressing a critical global economic vulnerability while attempting to secure a formal peace treaty with Iran.