US President Donald Trump has said that an agreement between Washington and Tehran to reopen the Strait of Hormuz and begin nuclear negotiations was underway. The peace deal could be signed as early as this weekend.
“It’s pretty much all wrapped up,” Trump said.
This comes as Trump recently threatened to seize Iran’s Kharg Island oil operations and launch a third day of strikes on Tehran, a threat he has since retracted.
Iranian Foreign Ministry spokesperson Esmaeil Baghaei said that while much of the negotiating agreement has been finalised, Iran would not compromise on its red lines.
“Iran has not yet reached a final conclusion on an agreement,” he said.
Trump told reporters in Oval Office, “We just made a great settlement of the war with Iran.” He noted that the “finalisation of documents” is set to happen “over the next few days.”
“The stock market’s up about 1000 points. That means they like the deal,” he said. “Most importantly, we have a deal that Iran will never have a nuclear weapon, which was the whole purpose of what we had to go through to get this, so it was a big, very big thing.”
These are the latest conflicting conflicting messages about peace negotiations from Washington and Tehran, with both parties struggling to reach an agreement since the start of the conflict in February.
Source: Australian Financial Review.