Trump Claims U.S.-Iran Peace Deal Near Following Temporary De-escalation

President Donald Trump announced on Tuesday that a comprehensive peace agreement with Iran is imminent, suggesting that a deal could be finalized within two to three days. According to the President, remaining diplomatic obstacles have been cleared, marking a significant shift in the administration's Middle East strategy. A central component of the proposed agreement includes the immediate reopening of the Strait of Hormuz to global oil and LNG shipping, which has faced severe disruptions during the recent period of hostility. On the ground, a fragile calm has emerged as Iran and Israel agreed to a cessation of direct attacks. This pause follows the first direct exchange of fire between the two nations since the April truce. While the halt in hostilities suggests a temporary cooling of regional tensions, analysts warn that the situation remains volatile given the depth of the recent conflict. The economic ramifications of the standoff continue to impact global energy markets. Independent reports indicate that maritime transit through the Strait of Hormuz remains sharply reduced, with many insurers suspending war-risk coverage for vessels entering the Persian Gulf. The successful signing of a ceasefire is viewed as a critical prerequisite for restoring confidence in Gulf shipping corridors and stabilizing global energy insurance conditions.