Thekabarnews.com—President Donald Trump said the United States and Iran have “mostly negotiated” a potential peace deal. This deal would end the ongoing conflict between the two countries.

Trump announced the development in a post on Truth Social on May 23, saying negotiations were “very far along.” However, he noted they still required final approval and completion of outstanding details.

“An agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other countries, as listed,” Trump wrote.

“Final aspects and details of the deal are currently being discussed and will be announced shortly,” Trump added.

Trump made the statement in the Oval Office. He delivered it following talks with several Middle Eastern leaders on regional security and diplomatic coordination, reports said.

One of the main topics of the reported talks is the future of the Strait of Hormuz. The strait is one of the world’s most strategically important maritime trade corridors.

“In addition to many other elements of the Agreement, the Strait of Hormuz will be opened,” Trump wrote.

The Strait of Hormuz is a vital global energy corridor linking the Persian Gulf with open waters.

More than half of the world’s oil shipments go through the narrow waterway. Therefore, stability in the region is vital to international energy markets and world trade.

The Washington-Tehran standoff has driven months of geopolitical tension, military fears, and oil market volatility.

Any disruption in the Strait of Hormuz can quickly ripple through global oil prices, shipping costs, and economic stability. Consequently, international investors and governments have closely followed developments.

Iranian media and officials have lately played down suggestions that the strait would return to its pre-war status with full international access. This stance is despite Trump’s upbeat announcement.

Iranian state-linked media insisted that Tehran would continue to manage and control passage regulations. The restrictions would remain even if the two sides reached a broader deal.

Talks with Iran are always very touchy because they touch on not just bilateral U.S.-Iran relations. They also affect regional security arrangements, sanctions, military activity, and international shipping rights.

The White House has not yet released further official details on the specifics of the reported deal.

There is also caution among observers. Previous attempts to ease tensions between the United States and Iran have frequently faced setbacks, diplomatic disputes, and sudden escalations.

But the announcement immediately captured the world’s attention, because any breakthrough between Washington and Tehran could dramatically reshape Middle Eastern geopolitics. Moreover, it could also impact global energy markets.

Negotiations are underway, and markets around the world are closely watching what happens.

A permanent deal could reduce geopolitical uncertainty and make oil supply routes more stable. This would ease pressure on global trade systems already strained by multiple international conflicts.

Meanwhile, the success of any agreement will likely depend on implementation mechanisms and verification systems. The willingness of both sides to maintain long-term commitments will also be a determining factor.

Trump’s statement is among the strongest indications yet that both countries could be inching toward a possible diplomatic breakthrough after months of escalating regional tensions, for now.

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