Trump says Iran agreement largely negotiated, Hormuz reopening disputed
DAMASCUS, Syria (North Press) – U.S. President Donald Trump said on Saturday that a memorandum of understanding aimed at ending tensions with Iran has been “largely negotiated,” adding that the agreement would include reopening the Strait of Hormuz, one of the world’s most vital oil shipping routes.
In a post on social media, Trump stated that “Final aspects and details of the Deal are currently being discussed, and will be announced shortly.” However, Iran’s semi-official Fars News Agency denied Trump’s characterization of the agreement, saying Tehran would continue to manage the strategic waterway and that Trump’s statements “do not reflect reality.”
According to a report by Axios, the draft agreement includes reopening the Strait of Hormuz without transit fees and extending a ceasefire for 60 days, while allowing Iran to resume oil exports freely. In return, Washington is expected to ease restrictions on Iranian ports and issue limited sanctions waivers related to Iranian oil sales.
The proposed framework would also launch negotiations over Iran’s nuclear program, including discussions on uranium enrichment and Tehran’s stockpile of highly enriched uranium, an issue that remains a key point of dispute between the two sides.
Reuters reported that Pakistan has played a central mediation role between Washington and Tehran in recent weeks, amid mounting regional pressure to avoid further escalation following months of conflict that disrupted global energy markets and shipping in the Gulf.
The Strait of Hormuz handles roughly a fifth of global oil shipments, making any disruption there a major concern for international markets and Gulf states alike.