President Donald Trump said through social media that a prospective agreement between the United States and Iran is largely negotiated, describing terms that would address security in the Strait of Hormuz and bring hostilities to a close. The announcement followed telephone conversations with leaders from Gulf states that have a direct stake in maritime traffic and regional stability.
The Strait of Hormuz carries a large share of global oil shipments, and any arrangement affecting passage through the waterway would carry immediate economic and security implications for producers and consumers worldwide. Trump’s characterization suggested that negotiators had narrowed major differences even as formal details remained subject to final review.
Diplomatic activity involving Gulf partners underscores the multilateral dimension of talks that have unfolded amid sustained military tension. Officials in Washington and Tehran have not publicly released a finalized text, and observers cautioned that last-minute disputes over enforcement and timing could still affect implementation.
Energy markets and shipping insurers have been closely tracking statements from both capitals for signals about whether tanker traffic can resume at normal volumes. Gulf governments that depend on uninterrupted crude exports have pressed for arrangements that reduce the risk of renewed closures along one of the world’s most critical maritime chokepoints.
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Sources:
https://www.npr.org/2026/05/23/g-s1-124145/trump-iran-deal-strait-of-hormuz