← May 24, 2026 briefing
Trump Claims Iran Peace Deal Largely Negotiated
World

Trump Claims Iran Peace Deal Largely Negotiated

Donald Trump has announced that a peace deal with Iran is "largely negotiated", potentially ending the war launched by the US and Israel in February. The agreement would include reopening the Strait of Hormuz, a chokepoint for roughly 20% of global oil trade, though Iran's state-linked Fars news agency contests that the waterway would remain under Iranian control. Final terms are still being discussed in what Trump described as a "Memorandum of Understanding."

MarketUS x Iran permanent peace deal by...?
US x Iran permanent peace deal by May 31, 2026?58% chance
Sources

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