Trump says ‘great settlement’ of Iran war in the works, signing ceremony soon

WASHINGTON — President Donald Trump announced Thursday that administration officials were close to brokering an end to the hostilities with Iran and predicted there could be a signing ceremony in Europe as soon as this weekend. 

“We just made a great settlement of the war with Iran and we’re going to be subject to finalization of documents, which should get done over the next few days, probably have a signing, maybe in Europe, and it’s a great thing,” Trump, who has earlier said deals were in the offing that did not come to fruition, said from the Oval Office.

Trump said Iran’s Supreme Leader had approved the agreement, which he referred to as “a very strong memorandum of understanding that is a little conceptual.” There was no immediate confirmation of the agreement on social media accounts on which Iranian leaders often post.

The deal, Trump said, would ensure Iran will not be able to develop or purchase a nuclear weapon and will end the blockade of the Strait of Hormuz, a main oil shipping route, once signed.

Trump said he didn’t plan to attend the signing ceremony himself, but would likely send Vice President JD Vance. 

He projected the end of the conflict, which began in late February, would lower gas prices that rose sharply after the United States and Israel began a joint bombing campaign. 

Israel not part of deal

Israeli Prime MinisterBenjamin Netanyahu’s office posted on social media that the country doesn’t consider itself subject to the agreement brokered between the United States and Iran. 

“President Trump spoke this evening with Prime Minister Netanyahu regarding the emerging memorandum of understanding (MOU) with Iran to enter into negotiations,” the post said. 

“Even though Israel is not a party to the memorandum of understanding, the Prime Minister expressed his appreciation for President Trump’s commitment that the final agreement at the conclusion of negotiations will include the removal of enriched material, the dismantling of enrichment infrastructure, limits on missile production, and the cessation of Iran’s support for its terrorist proxies in the region.”

The war led to considerable debate on Capitol Hill, where Democrats forced floor votes on several War Powers resolutions, questioning whether Trump had the authority to engage in a protracted bombing campaign without a formal declaration of war or an authorization for use of military force from Congress. 

The Trump administration sent a letter to lawmakers on May 1 declaring the war “terminated,” but bombing resumed this week after an Iranian drone shot down a U.S. helicopter. 

Strikes vowed, then called off

Trump posted on social media a couple hours before his Oval Office appearance that he had “cancelled the scheduled strikes and bombings against Iran this evening.”

“Discussions and final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others,” Trump wrote. “The Naval Blockade will remain in full force and effect until this Transaction is finalized — Time and place of the signing to be announced shortly.”

The announcement was a reversal from one Trump posted earlier in the morning, where he wrote the U.S. military planned another round of intense bombing and would seek to control an island in the Persian Gulf. 

“At some point in the not too distant  future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela, which is working out brilliantly for both Venezuela and the United States of America,” he wrote. 

Trump on Thursday declined to give a firm deadline for when U.S. and Iranian officials would sign a formal end to the hostilities, only saying he believes it will happen “pretty quickly.”

Trump said he “might look at” providing financial aid to American farmers who experienced rising costs, including for fertilizer, as a result of the war, though he didn’t commit to it. 

“The farmers have a problem with fertilizer, but that’s all coming down now,” he said. “And your fuel is going to be, I think it’s going to be lower than it was four or five months ago.”