Trump says Iran deal is close, Emaar unveils megaproject and World Bank cuts Gulf outlook
The National · 12 Jun 2026

Trump says Iran deal is close, Emaar unveils megaproject and World Bank cuts Gulf outlook

In today’s episode of Trending Middle East, President Donald Trump says the US has reached a “great settlement” with Iran and that a formal agreement could be signed within days, potentially leading to the reopening of the Strait of Hormuz. Despite that optimism, tension remains high after US forces


AI Translated Summary:
President Trump claims a significant agreement with Iran is imminent, which may impact regional stability, particularly concerning the Strait of Hormuz. However, ongoing tensions suggest that the situation remains precarious.


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