President Donald Trump has announced that the U.S. and Iran could come to terms on an agreement to end the three-month-old war. He plans to dispatch Vice President JD Vance to the signing of the agreement.

Background

The war between the U.S. and Iran has been broadly unpopular with Americans and has rattled global oil markets. Trump has said on several occasions that he’s on the cusp of a deal, but nothing has come to fruition yet.

A spokesperson for Iran’s Foreign Ministry told state television that mediators were active, but nothing had been finalized to end the conflict. Trump has threatened to escalate the conflict with more intense bombardment of Iran and by seizing control of Iran’s oil industry.

Deal Details

Trump offered scant details about the settlement he says is taking shape, but told reporters that he believed the Iranian supreme leader, Ayatollah Mojtaba Khamenei, is ready to sign off on the deal. Trump is billing the deal as “very strong,” though he says it remains “a little conceptual,” and says it would ensure Iran is blocked from ever developing a nuclear weapon.

The conflict has intensified over the past week, with Trump’s threat to escalate U.S. military action seeming in part aimed at demonstrating to the hawkish flank of his political base that he was willing to play “hardball” with the Iranians if they didn’t come to a deal soon.

Original reporting: NBC10 Boston — read the source article.