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Trump Claims Iran Deal Near as Strait of Hormuz Reopening Looms

President Donald Trump said negotiations with Iran over reopening the Strait of Hormuz have advanced substantially, with an announcement expected imminently. A fragile ceasefire has held since April, though sporadic clashes continue as both nations contest control of the strategic waterway. Trump said Chinese President Xi Jinping offered assistance in concluding the dispute. However, substantive gaps remain between U.S. and Iranian positions on a final framework. Trump rejected Tehran's latest proposal, though he stopped short of declaring a resumption of hostilities. The talks will significantly impact global energy markets and shipping routes through one of the world's most critical chokepoints.