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Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
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While he says that Washington will not rush into a deal, energy stockpiles risk hitting the red zone this summer.
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President Trump is hailing is agreement with Iran as groundbreaking, even as he admits is "isn't even fully negotiated." But the nuclear stockpile, enrichment and missiles have not been discussed.
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There have been more than 900 suspected and confirmed cases of Ebola, resulting in more than 180 deaths. It's the first major outbreak the Trump Administration drastically cut health aid programs.
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Lawmakers, including some of President Trump's closest allies, slammed the emerging agreement as effectively undermining the president's own war goals.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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Shots were fired near the northwestern corner of the White House complex, while President Trump was inside the building. The Secret Service returned fire, killing the gunman.
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The potential deal will include Iran's commitment that it won't pursue a nuclear weapon, and Tehran agreed to give up its stockpile of highly enriched uranium, according to two regional officials.
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A fragile ceasefire has been in place since April 8, punctuated by skirmishes as the U.S. and Iran jockey over the Strait of Hormuz.
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Asia-Pacific markets rise amid growing hopes that the Middle East conflict could soon end following Trump's comments and as oil prices cool.
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