US President Donald Trump stated that a peace deal with Iran could be signed as early as today, according to reports. The agreement might lead to the Strait of Hormuz being opened to all shortly after. However, Trump also mentioned that the US retains an "ultimate alternative" if talks fail. Sources close to the negotiations told media outlets that Tehran has not yet made a final decision on the deal. The developments come amid heightened tensions in the region. According to The Guardian World, a preliminary peace deal could be signed within days, as reported by US, Iran, and mediators.