Trump expects Iran deal within a week

U.S. President Donald Trump said on June 1 that he expects to reach an agreement with Iran within the next week to extend a ceasefire and reopen the Strait of Hormuz, ABC News reported. Trump stated that negotiations are proceeding smoothly and look promising. He mentioned that a "small incident" occurred today but was quickly brought under control. The president explained the incident stemmed from Iranian dissatisfaction with an Israeli airstrike on Lebanon. He said he contacted Lebanon's Hezbollah to demand a halt to the firing and then made the same request to Israeli Prime Minister Netanyahu, resulting in both sides ceasing fire. Trump commented that a peace agreement with Iran could be a "better outcome than a military victory." Regarding the memorandum of understanding (MOU) to reopen the strait, he projected it would be finalized within a week but added that it has not yet been officially signed as "some key details need to be finalized."