President Donald Trump said he believes the United States and Iran could reach an agreement within the next week to extend the current ceasefire and reopen the strategically important Strait of Hormuz.
Speaking with ABC News, Trump said negotiations remain on track despite a brief setback. He described the issue as a “glitch” related to Iranian concerns over Israeli military actions in Lebanon but claimed he quickly helped ease tensions through conversations with Israeli Prime Minister Benjamin Netanyahu and representatives linked to Hezbollah.
“A peace agreement with Iran could be even better than a military victory,” Trump said, while acknowledging that decades of hostility between Washington and Tehran make negotiations challenging.
Trump estimated that a memorandum of understanding to reopen the Strait of Hormuz could be finalized within a week, though he noted that several issues still need to be resolved.
His comments came after Iran announced it had paused communications with the United States over what it called Israeli aggression in Lebanon. However, Trump later said talks were continuing at a “rapid pace” and had not collapsed.
The president also claimed he helped prevent a wider conflict between Israel and Hezbollah by securing commitments from both sides to halt attacks. Iran has not publicly confirmed that negotiations have resumed.
The developments come as diplomats work to turn the current ceasefire into a broader peace agreement. Reopening the Strait of Hormuz, a key route for global oil shipments, could have major implications for energy markets, regional stability, and international trade.

