Trump says Iran deal 'largely negotiated', would reopen Strait of Hormuz

WASHINGTON/ISLAMABAD/NEW DELHI — Washington and Iran have "largely negotiated" a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz, U.S. President Donald Trump said, as expectations rose that a breakthrough might be imminent in the three-month-old war.

Trump said the emerging agreement being brokered by Pakistan would reopen the strait, the vital shipping passage whose closure has sparked a global energy crisis since the U.S. and Israel launched their war on Iran in February.

He did not say what else would be included in an agreement. "Final aspects and details of the Deal are currently being discussed, and will be announced shortly," Trump wrote on social media on Saturday.

Various media in the U.S. and Iran said the memorandum sets out a framework for ending months of fighting, lifting a U.S. blockade on Iranian shipping and reopening the waterway, which Iran has shut with threats to attack shipping.

Plans for Iran's stockpile of highly enriched uranium, which Washington has insisted it give up, would be negotiated within 30 to 60 days, the reports sa