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US: Agreement with Iran expected to be reached next week

US: Agreement with Iran expected to be reached next week

US President Donald Trump told ABC News that he expects a deal with Iran to extend the ceasefire and reopen the Strait of Hormuz within the next week.

Speaking by phone with ABC News' Washington correspondent Jonathan Karl on June 1, Trump said a peace deal could be "even better than a military victory."

A draft agreement, brokered by Pakistan, has been circulated between the two sides in recent weeks, as much uncertainty surrounds the negotiations. A temporary ceasefire agreement has been in place since April, although the agreement has been challenged by sporadic attacks.

There has been, the president said, "great hostility" from Iran.

"It's not easy for them. In fact, it's not easy from our perspective either. But we're doing what needs to be done," Trump said.

Regarding the timeline for a possible deal, President Trump said that "we think we're talking about next week."

The American leader said that an agreement has not been reached so far because "I need to secure a few more points."

In recent days, Iran and the United States have traded attacks, with US forces announcing "self-defensive" strikes on Iranian targets and Iran hinting that it had attacked a US base in Kuwait.

The efforts to reach an agreement come at a time when the closure of the Strait of Hormuz is significantly disrupting global oil supplies and has caused energy prices to rise.

The United States and Israel's war with Iran, which began on February 28, has killed thousands of people and destabilized the Middle East.

The Strait of Hormuz is a vital maritime route through which almost 20 percent of the world's oil supply passes from the Gulf to international markets./ REL

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