Trump says deal to end Iran war is close after calling off strikes

US President Donald Trump claimed an initial agreement to end the war with Iran is close, after stating he called off strikes on the country. Iran's foreign ministry spokesperson Esmail Baghaei called reports of an agreement "speculative". Trump said the deal would prevent Iran from having a nuclear weapon and that a signing would likely take place in Europe. Brent crude oil prices fell 4.4% to about $89 a barrel following the announcement.