The American president Donald Trump announced on Thursday from the Oval Office that the United States had reached a "great agreement" with Iran to end the war, with a signing expected in the coming days, possibly in Europe.
"We have just reached a great agreement to end the war with Iran, and subject to the completion of the documents, which should be finalized in the coming days, we will likely have a signing, perhaps in Europe," Trump stated to the press.
The president emphasized that the central point of the agreement is Iran's renunciation of nuclear weapons: "The most important thing is that we have an agreement in which Iran will never have a nuclear weapon, which was the main goal of everything we had to go through to achieve this. So it was something very important."
Trump indicated that Vice President JD Vance would be the signatory of the document on behalf of the United States, and that the ceremony could take place "this weekend in Europe."
The announcement came hours after Trump canceled the scheduled bombings against Iran for that same night, after posting on Truth Social that the discussions had been "raised to the highest level of Iranian leadership."
When a reporter directly asked whether the Iranian supreme leader Mojtaba Khamenei had approved the agreement, Trump responded: "I understand that the answer is yes."
The president also announced that the Strait of Hormuz would be reopened as soon as the document is signed, and that the naval blockade on Iran will remain in effect until that time. "The strait will officially open as soon as we sign, which could be soon, very soon," he stated.
Trump noted that the agreement is supported by more than a dozen countries, including Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, and Egypt.
The markets reacted immediately: the stock exchange rose 1,000 points and the price of oil fell. "That means they like the deal," Trump said, who added that the price of crude could drop even below pre-conflict levels.
The announcement came after an unprecedented escalation. On Wednesday, the U.S. Central Command launched a second wave of bombings against Iranian targets, to which Tehran responded by attacking 18 targets at American military bases in Bahrain and Kuwait, launching drones against the Fifth Fleet and announcing the complete closure of the Strait of Hormuz, through which more than 20% of the world's oil transits.
However, Iran did not confirm the agreement. The Fars agency, citing a source close to the Iranian negotiating team, denied the existence of an initial memorandum of understanding.
EFE reported that Tehran affirmed it still does not have a "final conclusion" regarding a pact with Washington, a contradiction that has been repeated throughout the entire negotiation process of 2026.
The conflict originated from "Operation Midnight Hammer" on June 22, 2025, when the U.S. attacked Iranian nuclear facilities using B-2 Spirit bombers, followed by a joint operation with Israel in February 2026 against Fordow, Natanz, and Isfahan. Iran suspended negotiations on June 1 claiming that Israeli attacks in Lebanon violated the terms of the ceasefire agreed upon in April.
Filed under: