U.S. President Donald Trump claimed on his "Truth Social" platform that a peace memorandum between the United States and Iran is now very close to being signed.

Trump explained that he held phone calls with the leaders of Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, and Bahrain, as well as Israeli Prime Minister Benjamin Netanyahu, as part of discussions on the final details of the agreement.

Trump added that the Strait of Hormuz "will be opened" once the final arrangements of the memorandum are completed.