U.S. – Iran Agreement Envisions Ceasefire, Talks and Release of $24 Billion in Assets.

According to the same source, half of the amount would be made available to Iran even before the start of the planned negotiations. Hopes for a diplomatic settlement between the U.S. and Iran have increased after U.S. However, Tehran stressed that it has not yet made a final decision on the proposed terms, Reuters reported via Reuters.

Trump stated that an agreement had been reached to end the war with Iran and that the strait would be reopened to shipping after the signing, which could take place over the weekend. Asked whether the Iranian leader had approved, he responded affirmatively.

If achieved, the agreement would represent the most significant diplomatic break through since the start of the three-month conflict, which has caused thousands of casualties and severe disruptions to global energy markets following restrictions on shipping through the Strait of Hormuz. The president also added that Vice President JD Vance would attend the signing ceremony.