President Donald Trump announced Saturday that a deal with Iran is scheduled to be signed Sunday and said the Strait of Hormuz would be reopened to international shipping immediately afterward.
In a post on Truth Social, Trump wrote that the agreement would mark a major step toward ending months of conflict and restoring freedom of navigation through one of the world’s most important energy chokepoints. The Strait of Hormuz handles a significant share of global oil and natural gas shipments, and disruptions there have rattled energy markets throughout the crisis.
Deal Appears Close, But Questions Remain
Trump’s announcement came as Pakistan, which has been serving as a key mediator, said preparations were underway for an electronic signing ceremony. Pakistani Prime Minister Shehbaz Sharif said negotiators had reached a framework agreement and were working on final details.
However, Iranian officials have urged caution. Iranian Foreign Ministry spokesman Esmaeil Baghaei said Saturday that no final signing was expected “tomorrow,” suggesting that Tehran may not view the timeline as settled.
That discrepancy highlights the uncertainty that has surrounded negotiations over the past week. Trump previously accused Iran of leaking inaccurate details about the proposed agreement and called some Iranian negotiators “very dishonorable.”
What Is Reportedly In The Agreement?
According to multiple reports, the initial memorandum of understanding would reopen the Strait of Hormuz, extend the current ceasefire, and launch a new round of negotiations over Iran’s nuclear program. More contentious issues — including the future of Iran’s nuclear infrastructure and sanctions relief — would be addressed during a follow-on negotiation period expected to last about 60 days.
Reuters reported that the proposed framework would also involve easing restrictions on Iranian oil exports and releasing some frozen Iranian assets, while Iran would reopen the waterway to international commerce.
Trump has framed the agreement as proof that Iran no longer seeks a nuclear weapon and said any remaining nuclear material would eventually be secured and destroyed.
Markets Watching Hormuz Closely
The prospect of a reopening of the Strait of Hormuz has already influenced global energy markets. Oil prices fell Friday as investors grew more optimistic that a diplomatic breakthrough could restore normal shipping traffic through the region.
Whether a signing actually takes place Sunday remains unclear. While the White House and Pakistan have projected confidence that an agreement is imminent, Iranian officials continue to signal that some details remain unresolved.
For now, Trump’s announcement represents the strongest indication yet that both sides believe a formal agreement could be within reach.
This is a breaking news story. Please check back for updates.
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