In a sudden reversal of strategy, former President Donald Trump announced on Truth Social that he had aborted planned military strikes against Iran. This decision came shortly after he had publicly threatened to target Kharg Island, a critical hub responsible for approximately 2% of the world’s oil supply. Trump indicated that this de-escalation was made possible after high-level diplomatic discussions were greenlit by the Iranian leadership, signaling a potential shift toward a negotiated resolution rather than continued military engagement.

According to Trump, a wide coalition including Israel, Saudi Arabia, the UAE, and several other regional powers has endorsed the final points of a prospective agreement. While he confirmed that a naval blockade remains active until the deal is formally signed, he suggested that a venue and timeframe for the ceremony will be revealed soon. Despite these optimistic signals, the region remains tense; Iranian official Mohammad Baqer Qalibaf cautioned that impulsive aggression could lead to catastrophic consequences for global energy markets, underscoring the fragile nature of the ongoing peace efforts after months of devastating conflict.