The United States and Iran exchanged military strikes over consecutive days as President Donald Trump said a peace agreement was near, according to reporting from multiple news outlets.

The Associated Press reported that Trump said the US would strike Iran "very hard" and stated he was considering taking control of Iran's oil industry. The Associated Press also reported that Iran launched strikes in response after US attacks. The Washington Post reported that Iran targeted US bases for a second consecutive night.

Trump said a deal had been reached, according to Axios. Iranian officials said no "final decision" had been made, Axios reported. The Boston Globe reported that Trump said he was close to a deal ahead of a weekend of negotiations. The Guardian reported that a peace deal remained elusive and that the selection of US targets had drawn legal questions.

According to CNBC, citing Iranian state media, a proposed agreement would reopen the Strait of Hormuz and lift oil sanctions. CNBC and MarketWatch reported that oil prices fell amid reports of progress toward a deal. Yahoo Finance reported that oil prices rose at an earlier point during heightened tensions.

The Hill reported that Trump said the US would strike Iran again and would take Kharg Island. MSNBC reported that the US and Iran traded strikes again and that Tehran described a ceasefire as "meaningless."

CBS News reported that India voiced a "strong protest" after three Indian mariners were killed in US strikes on oil tankers. Fox News reported that three Indian mariners were killed in a US strike on a ship that Fox News said was violating an Iran blockade.

The Hill reported that Senate Republican support for Trump's stance on Iran had decreased. Breitbart reported that Trump said "We ended the war" during a virtual rally and that he described an Iran deal as impending. Breitbart also reported, citing an unnamed source, that the US military was three hours from a strike when Trump announced a breakthrough.

Forbes reported that the proposed deal could hold but described it as potentially fragile. The National Review and HuffPost published commentary on Trump's handling of the negotiations.

Iranian and US officials have offered differing characterizations of the state of negotiations. Trump said an agreement was reached or imminent, while Iranian officials said no final decision had been made, according to Axios.