Trump is raising expectations that this time he really will close deal with Iran to wind down war

President Donald Trump has expressed optimism that the United States is nearing a deal with Iran to conclude their three-month-old conflict. Trump indicated that a memorandum of understanding could be signed as early as this weekend, potentially while he attends the G7 summit in France. Despite these claims, Iranian officials have stated that while mediation efforts are ongoing, no final agreement has been reached. The president recently threatened to escalate military action against Iran, including targeting the Kharg Island oil facility, but later canceled these strikes. Analysts suggest these threats were intended to pressure Iran into negotiations while catering to Trump's political base. The war has negatively impacted global oil markets and remains unpopular with the American public. Trump has expressed frustration with the narrative surrounding the conflict, viewing it as a public relations challenge. Meanwhile, the ongoing closure of the Strait of Hormuz continues to disrupt global oil supplies. The conflict is expected to be a major topic of discussion among world leaders at the upcoming G7 summit. Trump plans to send Vice President JD Vance to oversee the signing of any potential agreement.