US President Donald Trump said Washington and Tehran are very close to an agreement to end months of tension, and affirmed that he has decided not to launch a military attack on Iran after significant progress was made in negotiations.
Speaking to reporters, Trump described the recent negotiations as a "great deal," emphasizing that most of the content had been agreed upon and the parties were now only finalizing the last documents. According to the US leader, the signing process could take place in the next few days at a location in Europe, marking a major turning point in relations between Washington and Tehran after months of tense confrontation.
Although he would not be attending the signing ceremony in person if it were to take place, President Trump said that Vice President JD Vance and several high-ranking officials in the US administration would represent Washington. He also revealed that one of the key issues being XEM is the full restoration of maritime activity in the Strait of Hormuz – the world's most strategically important energy shipping route.
According to Trump, if the agreement is finalized, the US will gradually lift the naval blockade related to the region. The White House expects that this move will help stabilize global energy supplies, reduce pressure on the oil market, and bring down energy prices after a period of significant volatility.
When asked whether Iranian leaders had accepted the main terms, President Trump said he believed the signals from Tehran were positive. However, Iran remained cautious and has not given any official confirmation that a final agreement has been reached.
Since March of this year, President Trump has repeatedly asserted that diplomatic contacts between the US and Iran are making significant progress. In numerous public statements, he has consistently expressed his belief that a peaceful solution can be established instead of allowing the conflict to escalate into direct military confrontation.
The latest information was released shortly after the US President decided to cancel a planned military attack on Iran scheduled for the night of June 11th, US time. This decision came as negotiators reported that both sides had made more progress than expected in behind-the-scenes talks.
Global financial markets reacted positively to the new developments. US stock indices rose across the board, while world oil prices fell sharply as investors hoped the risk of energy supply disruptions from the Middle East would lessen if an agreement were signed.
Nevertheless, Iranian officials remain cautious. Iranian Foreign Ministry spokesman Esmaeil Baghaei stated that while much of the text has been finalized, Tehran has not yet made a final decision. He added that Iran will not accept any terms that cross the "red lines" concerning its sovereignty and national interests.
Meanwhile, Israel was quick to comment on the information regarding a potential agreement between the US and Iran. Prime Minister Benjamin Netanyahu reportedly received this news while attending a high-level security meeting. Israel subsequently affirmed that it was not a party to the agreement and would continue to pursue its own security policies toward Iran.
One of the key demands that Iran is reportedly pushing for includes the lifting of international sanctions, the release of large amounts of assets frozen overseas, and recognition of Tehran's strategic Vai in the Strait of Hormuz. These are issues that have repeatedly been sticking points in negotiations between the two countries.
