U.S. President Donald Trump tells ABC News that he expects the United States could reach an agreement with Iran “over the next week” to extend a ceasefire and reopen the Strait of Hormuz. Multiple reports say Trump describes the negotiations as “looking good,” and he links his outlook to the handling of recent regional tensions, including fighting connected to Lebanon.

According to the accounts, Trump says he has not yet approved a memorandum of understanding covering the reopening of the strait. He states that more details still need to be addressed, describing that he must “get a few more points” before approval.

The reporting also characterizes Trump’s view of potential terms as more favorable than a purely military outcome, saying that a peace agreement could be “even better than a military victory.” At the same time, the sources note that negotiations are still complex and not fully resolved, indicating that an agreement is not final despite Trump’s forecast.