General5/23/2026•CNN

Trump says agreement with Iran has ‘been largely negotiated’ and Strait of Hormuz will be opened | CNN

Trump says agreement with Iran has ‘been largely negotiated’ and Strait of Hormuz will be opened | CNN

President Donald Trump said Saturday that a broader agreement between the United States and Iran has been “largely negotiated” and that the Strait of Hormuz would be reopened, signaling potential momentum toward ending the monthslong war. “An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries,” Trump wrote on Truth Social. Iran’s state-affiliated Fars news agency has disputed Trump’s characterization, reporting that the Strait of Hormuz will remain under Iranian control according to the latest version of the proposal exchanged between the US and Iran. Recent versions of the memorandum of understanding that Trump appears close to finalizing would end hostilities with Iran while gradually reopening the Strait of Hormuz and ending the US blockade of Iranian ports, according to a person familiar with the matter. The agreement would unfreeze some Iranian assets that are held in banks outside Iran. And it would start a clock of at least 30 days for continued negotiations meant to resolve the remaining sticking points on Iran’s nuclear program, including what happe

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