Key facts
- President Trump announced "very friendly negotiations" are occurring with Iran following a pause in strikes.
- The U.S. and Iran have observed a three-day lull in hostilities.
- Tehran denies that direct negotiations are taking place.
- Trump stated that U.S. ammunition stockpiles are sufficient.
- A June memorandum of understanding between Iran and the U.S. aimed to end the war and reopen the Strait of Hormuz.
President Donald Trump announced on Monday that "very friendly negotiations" are underway concerning the conflict with Iran, following a three-day period without strikes exchanged between the two nations. Trump expressed optimism about a potential end to the war, telling reporters aboard Air Force One that "there's a good chance that something could happen."