Deal could see strait of Hormuz immediately ‘open to all’, but Trump says US retains the ‘ultimate alternative’ if talks fail Trump says Iran peace deal could be signed by Sunday, with strait of Hormuz to open shortly after Reuters is reporting from it’s sources some of the supposed terms of the draft agreement between the US and Iran. The Guardian is been unable to verify these claims. Senior Iranian officials have reportedly told Reuters that the under the draft memorandum with the US, Tehran must agree that it will neither produce nor acquire nuclear weapons.