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Trump says he is canceling fresh strikes on Iran, hints at possible peace deal

Trump said talks reached Iran’s highest leadership and that a signing could come this weekend, sending oil prices lower and reopening the Strait of Hormuz.

  • On Thursday, President Donald Trump announced the United States has "ended the war" with Iran, citing a "very strong memorandum of understanding" to halt fighting and resolve the conflict.
  • Qatari Emir Tamim, United Arab Emirates President Mohamed, and Asim Munir urged Trump to call off strikes after he vowed to seize Kharg Island, which handles roughly 90% of Iran's crude exports.
  • The Prime Minister Netanyahu expressed appreciation for the ceasefire, which includes "removal of enriched nuclear material, the dismantling of enrichment infrastructure, limits on missile production, and an end to Iran's support for its terrorist proxies in the region." Israel is not part of the United States memorandum.
  • Iranian Foreign Ministry spokesperson Esmail Baghaei said reports of an agreement are "merely speculation," stating Tehran has not yet reached a final decision on any deal despite finalized negotiation text.
  • The World Bank warned Thursday that the conflict could slow global economic growth to 2.5% this year, down from 2.9% in 2025, with potential slump to 1.3% if energy disruptions and financial stress intensify.
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Donald Trump once again envisages a rapid agreement with Iran. After a recently withdrawn attack order, the focus is now on diplomacy again.

·Frankfurt, Germany
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n-tv.de broke the news on Wednesday, June 10, 2026.
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