Iran War Live Updates: Trump Says Peace Deal Is Near

Key Points:

• Former President Trump announced on Truth Social that he has spoken with several Arab leaders about a memorandum of understanding related to peace with Iran, with final details still being discussed and pending agreement by the U.S., Iran, and other countries.
• Three senior Iranian officials, speaking anonymously, confirmed Tehran's agreement to a memorandum that would halt fighting on all fronts, including Lebanon, reopen the Strait of Hormuz without tolls, and lift the U.S. naval blockade on Iran, with negotiations on Iran's nuclear program expected within 30 to 60 days.
• The announcement follows a series of diplomatic efforts involving Pakistani and Qatari mediators and comes amid ongoing tensions and a cease-fire established in early April between the U.S., Israel, and Iran to allow talks on nuclear issues and the reopening of the Strait of Hormuz.
• Israeli Prime Minister Benjamin Netanyahu has not yet commented on the announcement, and reports indicate Israel was largely excluded from negotiations, raising questions about the agreement's impact on Israel's clashes with Hezbollah in Lebanon.
• The conflict, marked by significant military strikes and casualties since February, has had severe regional and global economic impacts, including disruptions to oil and gas shipping through the Strait of Hormuz and rising inflation in the U.S. economy.