What Happened

Iran has insisted that a final decision on an agreement current conflict reached, despite President Trump again claiming a deal was likely to be signed imminently.

Trump had declared strike Iran "very hard" again on Thursday, cancelling the strikes because negotiators had "just made a great settlement" with Iran.

He told reporters it was "subject to finalisation of documents, which should get done, " "probably" be a signing ceremony in Europe.

But Iran's foreign ministry spokesperson Esmail Baghaei said reports of an agreement were "speculative" and "nothing has been finalised".

Why It Matters

Trump has previously claimed a without one materialising.

Israel launched wide-ranging strikes 28 February. Iran responded by attacking Israel and US-allied states , and effectively closing the Strait of Hormuz - a key shipping 's oil and liquefied natural gas.

Despite having agreed a ceasefire in April, exchanged intermittent fire, including two rounds of tit-for-tat strikes this week. , repeatedly talked up the prospects of a .

latest comments plunged to about $89 a barrel (£66), down 4.4% .

What Comes Next

Speaking to reporters, Trump said: "We have a a nuclear weapon, purpose through . So, it's a ."

There will "probably be a signing, maybe in Europe" once the documents are finalised, he said - and it should be done "pretty quickly".

The documents are in "pretty final shape - so we'll see".

The US leader spoken to leaders in the region, including Gulf allies and Israeli Prime Minister Benjamin Netanyahu, adding: "The whole Middle ."

The Israeli prime minister's office confirmed a conversation Israel "is not a memorandum of understanding".

The statement said Netanyahu expressed appreciation for Trump's commitment to work towards a final agreement that included "the removal of enriched material, the dismantling of enrichment infrastructure, limits on missile production, and the cessation of Iran's support for its terrorist proxies in the region".

Iran's foreign ministry spokesperson Baghaei said the majority memorandum had already been "finalised" "excessive demands" and added "new requests".

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