• Trump cancels planned military strikes on Iran after high-level discussions.
• Negotiations reportedly involve multiple international partners.
• Peace deal with Tehran is expected to be announced soon.
• U.S. naval blockade on Iran will remain until a deal is finalized.
• Ceasefire holds amid strained relations, with recent threats of strikes.

U.S. President Donald Trump announced the cancellation of planned military strikes on Iran, stating that negotiations had reached "the highest levels of Iranian leadership" and received necessary approvals. The news comes after weeks of escalating tensions and threats from the U.S. government regarding military action against Iran's oil exports and infrastructure. Trump cited the discussions conducted with several regional players, including Israel and several Gulf states, as pivotal to this decision, according to SCMP and Reuters.

In a post on Truth Social, Trump declared, “The Naval Blockade will remain in full force and effect until this Transaction is finalized,” indicating that an imminent peace deal with Iran might be close. He emphasized the ongoing negotiations, including potential agreements on nuclear issues, which he said were "conceptually" secured. This statement aligns with earlier comments where Trump discussed aiming to control key Iranian oil infrastructure, including Kharg Island, framing the military strategy within a broader narrative of seeking peace, according to Le Monde and NPR.