Language in the "peace deal" will give the U.S. exclusive rights to develop a key transit route that will be named after Trump.

President Trump mediated a historic peace deal between Armenia and Azerbaijan, ending a long conflict and signing economic agreements to integrate the South Caucasus with the U.S. economy.

The so-called Trump Route for International Peace and Prosperity runs near Iran's border. Read more at straitstimes.com. Read more at straitstimes.com.