The United States is preparing to enter into another agreement with Iran. It may be recalled that the two countries signed an agreement only a few days ago, following which they launched attacks against each other. However, US President Donald Trump has now announced through his social media platform, Truth Social, that Washington is ready for another agreement and that Israel has also agreed to it. Trump said that the US has decided to halt the large-scale military strikes it had planned against Iran. At the same time, he warned that if the agreement is not finalized quickly, military action could resume. According to Trump, Iran and several West Asian countries requested the US to stop the attacks as the two sides had reached a preliminary understanding on the proposed agreement. He said the agreement would primarily focus on reopening the Strait of Hormuz and eliminating the nuclear threat from Iran.
Trump stated that the decision to suspend military action was taken keeping in mind global interests and Iran's survival. He also claimed that the United States was prepared to launch attacks on Iran on a scale not seen since the Second World War, and asserted that Iran had conveyed that it would not be able to withstand such strikes. However, neither Iran nor Israel has officially responded so far to Trump's latest announcement. Iran has already issued strong warnings to the United States.
Amid reports that the US and Israel could jointly launch another major military operation against Iran, Tehran warned that if another military action is carried out against it over the weekend, its retaliation would be equally severe. Iran also threatened to completely destroy the oil and gas reserves in the Gulf region. It remains to be seen whether the United States and Iran will be able to reach a lasting peace agreement this time and help restore global stability. Following Trump's latest announcement, oil prices have once again shown signs of easing, and there are indications that momentum in the financial markets could continue.