President Trump announced Thursday that he has called off planned military strikes against Iran after receiving what he described as a finalized proposal from Tehran aimed at reopening the Strait of Hormuz and launching formal nuclear negotiations.

In a statement posted to Truth Social, Trump said the Iranian proposal had received approval from the country’s top leadership and that diplomatic efforts had reached a critical breakthrough.

“Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest 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,” he said.

Trump added that negotiations had progressed to the point where all major participants had agreed to the core framework and final details of the arrangement.

“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. 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 followed a report first published by The New York Post indicating that Iran had delivered a final draft agreement to Qatari mediators on Wednesday evening.

His announcement came after The NY Post first reported Iran had submitted a final draft of an agreement to Qatari mediators on Wednesday night.

Later Thursday, Trump told The Post that the long-anticipated understanding with Tehran was essentially complete and that the remaining details were largely procedural.

President Trump on Thursday told The Post the long-awaited agreement to begin nuclear negotiations with Tehran is “all wrapped up,” following his announcement that he had called off planned strikes on Iran.

“It’s pretty much all wrapped up,” he said in a brief phone call with The NY Post.

The development marks a dramatic shift after weeks of military escalation and growing speculation that the United States could target Iran’s strategic Kharg Island energy hub. Instead, attention has now turned toward a diplomatic process that could reopen negotiations over Iran’s nuclear program while preserving the existing US naval blockade until a final agreement is signed.

It comes after we first reported Iran had finalized and submitted a draft memorandum of understanding to Qatari mediators on Wednesday night.

{Matzav.com}