Trump cancels Iran strikes, says ‘final points’ of peace deal approved
West Asia is dominating the headlines, so here's the latest turn. US President Donald Trump has called off planned military strikes on Iran, saying the final points of a peace deal have been approved by several countries, including Israel, Saudi Arabia, the UAE and others. But here's the catch, the US naval blockade of Iran's ports in the Strait of Hormuz stays in force until the deal is signed. That strait carries a huge share of the world's oil. So for your CLAT prep, just remember the Strait of Hormuz is a vital oil choke point, and instability there pushes up India's import bill.
US President Donald Trump on Thursday announced that he has called off planned military strikes against Iran, hours after threatening toescalate the war with more bombingsand a desire to “take over” Tehran’s oil export hub Kharg Island.
The US President said the “final points” of agreement between Washington and Tehran have been approved by all the parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others.
“Based on the fact that discussions with the Islamic Republic of Iran have been brought to thehighest level of Iranian leadership and approved,I have, as President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening,” Trump wrote in a post on Truth Social.
Trump, however, added in the post that ongoing US naval blockade of Iran’s ports in the Strait of Hormuz will “remain in full force”.
— Rapid Response 47 (@RapidResponse47)June 11, 2026
“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 Republican leader said.
The announcement came after two days of consecutive strikes by US and Iran which threatened the Gulf region closer to resumption of a full-scale war.
.@POTUSon Iran: “They have no defense; they can’t do anything about it. The only thing they have is Fake News. They have the New York Times—writes stories like they’re doing great… they’re really in submission. They just don’t know it yet.”pic.twitter.com/6y46jj6Grd
— Rapid Response 47 (@RapidResponse47)June 11, 2026
Hours after unveiling fresh salvo of threats against Tehran on social media, saying US would hit Iran “very hard tonight” and take “total control” of oil market and Kharg Island, Trump suggested that talks to extend the fragile ceasefire between the two countries have made progress.
It’s not the first time that Trump has claimed a deal with Iran was close, however, reports stated that a Qatari delegation was in Tehran earlier this week to hold discussion over peace deal.
Meanwhile, Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, warned earlier that “wrong strategies and impulsive decisions” would wreak havoc on energy markets and “create an endless quagmire that you will be stuck in for years.”
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