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US President Donald Trump said that a deal with Iran, including opening the Strait of Hormuz, has been largely negotiated after calls with Israel and other allies in the region. Announcing progress on his Truth Social platform, Trump said final aspects and details of the deal are being discussed and will be announced shortly.

Trump posted on social media that the emerging agreement would reopen the strait, the vital shipping passage whose closure has upended global energy markets since the US and Israel launched the war on Iran in February. He did not say what else would be included in an agreement.

“Final aspects and details of the Deal are currently being discussed, and will be announced shortly,” Trump wrote on Truth Social.

But Fars reported early on Sunday that the agreement would allow Iran to manage the strait and that Trump’s assertion on the strait was “inconsistent with reality.”

Iran’s Tasnim news agency reported that the deal stipulates that the number of ‌ships able to ‌transit ​the ‌Strait ⁠of ​Hormuz would ⁠return to the pre-war level within 30 days. 

The ‌naval blockade ‌must be completely lifted within 30 days according ‌to a memorandum of understanding, ⁠Tasnim ⁠said, adding that part of Iran’s frozen funds must be released in the first phase.

https://truthsocial.com/@realDonaldTrump/posts/116625784011805994

Iran’s nuclear program in focus

US news website Axios reported late on Saturday that the US and Iran were close to a deal that would reopen the Strait of Hormuz with no tolls during a 60-day ceasefire extension, while Iran would be able to freely sell oil and ‌negotiations would be held ‌on curbing Iran’s nuclear program.

In exchange, the US would lift its blockade on Iranian ports ​and ‌issue some ⁠sanctions waivers ​on ⁠Iranian oil, Axios said, citing a US official.