US and Iran near potential peace agreement amid diplomatic tensions and military warnings.

President Trump suggests a peace deal with Iran is imminent, despite Tehran's accusations of diplomatic betrayal. The proposed agreement involves Iran's nuclear non-proliferation and open shipping in the Strait of Hormuz, though Iran has rejected some US terms. This complex situation is further strained by a reported Iranian missile strike on a Kuwaiti air base, damaging US assets, and a US Defense Secretary's warning of military action if a ceasefire isn't extended.