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Trump Signals Possible Iran Peace Deal as Tensions Persist, Energy Markets on Edge

Trump said the agreement could end the three-month war and reopen the Strait of Hormuz, which carries about 20% of the world’s oil supply.

  • President Donald Trump announced Thursday that the United States and Iran could sign a peace deal this weekend, possibly in Europe, to end their three-month war.
  • Iran has kept the Strait of Hormuz closed, blocking about 20% of global oil supply. Trump previously threatened to target Iranian infrastructure and Kharg Island to force negotiations.
  • Iranian state media leaked a 14-point plan Friday including $300 billion in reconstruction and $24 billion in unfrozen assets. Trump dismissed these as "dishonorable" on Truth Social, saying they don't match the actual written agreement.
  • White House officials stated the deal requires dismantling Iran's nuclear program, with the United States destroying enriched uranium on-site. Economic relief will follow Iran's full compliance, officials said.
  • The agreement will be a major topic at next week's G7 summit in France. Rep. Michael McCaul suggested Iran may try to delay finalizing terms until closer to November elections.
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34 Articles

Montana StandardMontana Standard
+8 Reposted by 8 other sources
Center

Trump claims Iran peace deal imminent

DUBAI — President Donald Trump called off new U.S. military strikes on Iran on Thursday, saying "final points" of an initial peace deal were approved.

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WWMTWWMT
+18 Reposted by 18 other sources
Center

Trump signals possible Iran peace deal as tensions persist, energy markets on edge

A potential agreement between the United States and Iran to end the fighting — and ease pressure on global energy markets.

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Business Times broke the news in Singapore, Singapore on Thursday, June 11, 2026.
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