Trump claims 'great deal' reached with Iran, possibly to be signed in Europe

President Donald Trump announced Thursday that the United States has reached a "great deal" to resolve the conflict with Iran, with formalization expected in the coming days. Trump indicated that a signing ceremony might take place in Europe this weekend.

"We have just reached a great deal to resolve the conflict with Iran. Now the formalization is pending, which should be completed in the next few days, and a signing will probably take place, perhaps, in Europe," Trump told reporters in the Oval Office. He mentioned that Vice President J.D. Vance would attend the signing over the weekend as Trump himself would be hosting an 80th birthday event at the White House on Sunday before traveling to Europe for the G7 Summit.

The announcement of an imminent agreement to end the war, which the U.S. and Israel initiated against Iran on February 28, follows Trump's earlier declaration of canceling planned attacks against Iran for Thursday due to progress in negotiations. "Given that the talks with the Islamic Republic of Iran have reached the highest level of the Iranian leadership and have been approved, as President of the United States, I have canceled the scheduled attacks and bombings against Iran for tonight," Trump posted on his Truth Social platform.

Trump detailed that nations including Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, and Egypt were involved in the talks. He also stated that the U.S. naval blockade would "remain fully in effect" until the agreement is signed. Following two consecutive days of attacks in the Middle East that jeopardized the ceasefire signed on April 8, Washington had threatened further bombings and the possibility of invading Iran's strategic oil hub, the island of Jarg, to control its oil industry, similar to actions taken in Venezuela.

Tehran had previously stated that these latest attacks effectively nullified the ceasefire and held Washington responsible for the "dangerous consequences" of its actions.