Hopes for a potential peace agreement between Iran and the United States grew on Friday after US President Donald Trump said a deal could be signed as soon as this weekend, even as Iranian officials insisted that no final decision has been made.
The possible agreement, if confirmed, would mark a major diplomatic breakthrough aimed at ending the three-month conflict that has reportedly killed thousands and disrupted global energy markets after Iran significantly restricted shipping through the Strait of Hormuz.
Speaking to reporters at the White House on Thursday, Trump said: “We just made a great settlement of the war with Iran.” He added that the Strait of Hormuz would reopen once the agreement is signed, which he suggested could happen “very soon, maybe over the weekend in Europe.”
Trump also indicated that Vice President JD Vance would attend the signing ceremony and claimed that Iran’s Supreme Leader Ayatollah Mojtaba Khamenei had approved the deal, saying, “I understand the answer is yes.”
However, Iranian officials struck a more cautious tone. Foreign Ministry spokesperson Esmaeil Baghaei said while significant portions of the agreement had been finalised, Tehran had not yet reached a final conclusion and was still reviewing the proposal through relevant decision-making bodies.
“We have not reached a final conclusion on this matter,” Baghaei said, adding that Iran would not compromise on its core positions despite ongoing negotiations.
Since mid-March, Trump has repeatedly suggested that a deal to end the conflict was close, even as both sides have continued to exchange strikes in recent weeks, further straining a fragile ceasefire announced in April.
If successful, the agreement would represent one of the most significant diplomatic developments in recent US–Iran relations, with potential implications for regional stability and global energy supply chains.
