President Donald Trump said Saturday that a peace agreement with Iran is largely negotiated but remains subject to finalization [1, 2].
The potential deal aims to end the conflict between the U.S. and Iran, while reopening the Strait of Hormuz for international shipping [1, 4]. Because the strait is a critical chokepoint for global oil transit, any agreement to ensure its openness could stabilize energy markets and reduce regional tensions.
Trump shared the update in a post on his Truth Social platform [1, 2]. He said that the agreement would include the cessation of hostilities and the reopening of the strategic waterway [1, 4].
"The agreement is largely negotiated, but it's subject to finalisation," Trump said [3].
The president said that the U.S. is close to a peace agreement that would secure the maritime passage [2]. He said that the deal would be announced shortly once the final details are settled [4].
"It’s a largely‑negotiated deal, and we’ll announce it shortly once it’s finalised," Trump said [4].
While some reports suggest the ceasefire deal will be announced shortly, other accounts emphasize that the agreement is still awaiting finalization [2, 5]. The timeline for the official announcement remains unconfirmed as the two nations conclude their negotiations [2, 5].
“"The agreement is largely negotiated, but it's subject to finalisation."”
This development signals a potential shift toward diplomatic resolution in one of the world's most volatile geopolitical corridors. By prioritizing the reopening of the Strait of Hormuz, the administration is addressing a primary vulnerability in global energy security, as any prolonged closure of the strait typically triggers spikes in crude oil prices.
