U.S. President Donald Trump announced on Saturday that a memorandum of understanding on a peace agreement with Iran has been “largely negotiated,” adding that the deal will include the reopening of the Strait of Hormuz.
Trump stated that the final aspects and details of the agreement are currently under discussion and will be unveiled soon. Writing on his Trump Social platform, he emphasized that the negotiations are progressing toward conclusion, with the reopening of the strategic waterway forming a central element of the accord.
The announcement comes amid intensive diplomatic efforts involving multiple regional leaders, with Washington signaling that a breakthrough could be imminent. The reopening of the Strait of Hormuz would mark a significant step in easing tensions and restoring global energy flows.
By Hannah Grace - May 24, 2026
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