US-Iran Peace Deal May Be Agreed Within 24 Hours
US-Iran Peace Deal May Be Agreed Within 24 Hours

US President Donald Trump and Iranian officials have announced an immediate end to the war on Iran, with Trump claiming that “oil will flow on both ends again for the region, and the world”. The agreement is expected to include the reopening of the Strait of Hormuz, a critical waterway for global oil shipments.

However, details remain scarce. The final text of the memorandum of understanding has not been published, and key issues such as access to the Strait of Hormuz, the future of Iran’s nuclear program, and the situation in Lebanon are still unclear. Trump later told the New York Times that he would restart military attacks if Tehran fails to reach a nuclear agreement during broader negotiations set to begin on Friday.

Questions persist about the scope and enforcement of the deal, as well as its long-term implications for regional stability. Analysts are awaiting further clarification from both sides in the coming days.

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