Trump signals deal with Iran is close amid threats of retaliation

President Donald Trump announced on June 11 that a U.S.-Iran diplomatic agreement is nearing completion, averting planned military strikes. The potential deal, described as a "strong and powerful" accord, could reopen the Strait of Hormuz within days, easing global energy markets. Bitcoin surged above $63,000 amid optimism, while Iranian officials expressed skepticism about the agreement's progress.