President Donald Trump announced Friday that he is holding a high-level meeting in the White House Situation Room to make a final decision on a proposed agreement with Iran, signaling that negotiations may be approaching a critical turning point.
According to Trump, the proposed framework would require Iran to permanently abandon any pursuit of nuclear weapons, reopen the Strait of Hormuz, remove maritime threats, and cooperate on the handling of highly enriched uranium. Trump stated that several parts of the agreement have already been settled, while final approval remains under review.
The decision comes after reports that U.S. and Iranian negotiators reached a tentative understanding that could extend the current ceasefire and open the door to broader talks on Iran's nuclear program and regional security issues. However, officials on both sides continue to signal that major details remain unresolved.
Financial markets reacted positively to the possibility of a breakthrough, with oil prices falling and investors betting that reduced Middle East tensions could stabilize global energy supplies and shipping routes.