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On June 12th, local time, US President Trump stated on June 11th regarding the Iran issue that a "very good deal" had been reached, adding that the relevant documents were in the final drafting stage and expected to be finalized and signed in the coming days. He also indicated that the agreement might be signed in Europe, possibly this weekend, with US Vice President Vance in attendance. Trump stated that once Iran signs the agreement, the Strait of Hormuz will be open. Iran has not yet responded.U.S. stocks continued to rise, with the Dow Jones Industrial Average and S&P 500 both extending their gains to 2%.US President Trump: The Iran deal could be signed this weekend. Vice President Vance will be in attendance.US President Trump: I just spoke with the leaders of Qatar, the UAE, and Saudi Arabia.US President Trump: The signing of the Iran deal may take place in Europe.