US President Donald Trump has raised expectations that a deal with Iran could be finalized this weekend, potentially ending the three-month-old war.
Trump announced that the US and Iran could come to terms on an agreement that would set the pathway to end the war, which has been broadly unpopular with Americans and has rattled global oil markets.
A spokesperson for Iran's Foreign Ministry told state television that mediators were active but nothing had been finalized to end the conflict.
Trump has been boasting since the early weeks of the conflict that he'd already won the war, but Iran continues to effectively keep the Strait of Hormuz closed, choking a waterway through which about 20% of the world's oil supply passed before the war.
The real problem, Trump grumbled, was largely a public relations issue, with Iran needing to "wave the white flag of surrender" to end the conflict.
Deal or no deal, the war will loom large during next week's talks at the Group of Seven summit in France.
