President Donald Trump announced Thursday at the White House that the U.S. has called off planned military strikes on Iran [1].

This development follows a period of escalating conflict and represents a potential shift from military confrontation to a diplomatic resolution between the two nations.

During the event, Trump said the U.S. and Iran have reached a "great settlement that can be finalized over the next few days" [1]. He said the U.S. may attend a signing ceremony within days [1].

The announcement comes after reports that the U.S. had launched a new barrage of strikes on Iran, which were subsequently cancelled [4]. Pete Hegseth said the bombs were necessary to get the deal Trump wants from Iran [4].

Despite the optimism from the White House, the claims of a pending agreement remain contested. Iranian officials said no decision has been made on a peace deal with the United States [5]. Tehran said that no agreement had been finalized [5].

The White House event served as a platform to signal a move toward ending the war and avoiding further military action [1, 3]. The discrepancy between the U.S. and Iranian accounts suggests that while the U.S. views the framework as a settled agreement, the Iranian government does not yet recognize the terms as final [5].

Trump did not provide specific details on the terms of the settlement during the announcement, focusing instead on the timeline for the potential signing ceremony [1].

"We have a great settlement that can be finalized over the next few days."

The gap between the White House's announcement and Tehran's denial highlights a precarious diplomatic moment. While the cancellation of strikes reduces the immediate risk of escalation, the lack of mutual confirmation on the 'settlement' indicates that a formal peace agreement may still face significant hurdles in verification and official acceptance.