President Donald Trump announced Thursday he has canceled scheduled U.S. strikes on Iran, citing significant progress in negotiations.

“Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level… I have… cancelled the scheduled strikes and bombings against Iran this evening,” Trump stated in his Truth post. The President also noted that the agreement was approved by the United States, Israel, Saudi Arabia, UAE, Qatar, and others.

Trump added: “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.”

After his announcement on Truth Social, Trump told the New York Post that an agreement with Tehran has been “pretty much all wrapped up.

The decision follows an exclusive New York Post report on Thursday morning that Iran submitted a finalized memorandum of understanding to Qatari mediators on Wednesday night.

Trump has repeatedly stated over the past two months, at least 38 times, that a deal was imminent.