Trump said he will review Iran’s latest draft agreement with advisers and could decide by Sunday, according to Axios reporter Barak Ravid. He said the chances of reaching a deal or seeing military strikes are “50-50.” Trump added that any agreement must address Iran’s uranium enrichment activities and the future of its existing uranium stockpile.
Axios reported that the proposed US-Iran framework includes a 30 day negotiation period aimed at ending hostilities. Trump is expected to meet envoys before deciding whether to proceed with a deal or take other action against Iran as early as Sunday.
Iran said talks with the US will take time and that major disagreements remain unresolved. Tehran accused Washington of sending mixed signals and failing to honor previous commitments, while warning that shifting US positions continue to complicate progress.
Iran confirmed that the release of frozen Iranian funds will be included in draft agreements. Officials said the nuclear program is not part of the current framework and will be discussed in a later phase of negotiations.
Tehran said the proposed 30 and 60 day timelines would only begin after a memorandum of understanding is finalized. Iranian officials said positions have moved closer in recent days and key developments could emerge within the next 3 to 4 days. Iran also said it blocked any provisions it viewed as harmful to its interests.
Pakistan and Qatar are helping mediation efforts, but Iran said changing US positions remain a major obstacle. Pakistan’s Field Marshal Asim Munir left Tehran without a breakthrough. Iran has submitted its final response to the US proposal, and officials warned that rejection could increase the risk of renewed hostilities.
According to Al Jazeera, a reported draft US-Iran memorandum of understanding could include a permanent end to regional hostilities, including in Lebanon, the lifting of the US naval blockade, reopening of the Strait of Hormuz, and the withdrawal of American military forces from the region. Nuclear issues would reportedly be addressed later. US Secretary of State Marco Rubio said, “News may break today, or it may not,” while Iran said it is in the final stage of drafting a framework agreement with Washington.
Update: Trump Says Iran Peace Deal Near Completion, Announcement Soon

Trump said he held talks with leaders from Saudi Arabia, the UAE, Qatar, Pakistan, Türkiye, Egypt, Jordan, and Bahrain regarding Iran and a proposed peace agreement. He said the memorandum of understanding has been largely negotiated and is now awaiting final approval.
Trump also spoke separately with Israeli Prime Minister Benjamin Netanyahu, describing the conversation as positive. He said final details of the agreement are being discussed and an official announcement could come soon.
Trump added that, as part of the proposed deal, the Strait of Hormuz would be reopened, alongside several other measures aimed at promoting regional peace.
Reports Reveal Key Disputes and Possible Terms in U.S.-Iran Deal
According to The New York Times, U.S. officials said negotiations over Iran’s enriched uranium stockpile have been postponed to future talks. The report added that Washington warned it could abandon diplomacy and consider military action if no agreement is reached on the uranium issue.
The New York Times said the fate of Iran’s enriched uranium remains one of the central sticking points between Washington and Tehran as both sides work toward a broader agreement.
Meanwhile, Al Jazeera reported that a proposed deal could include the release of billions of dollars in frozen Iranian funds, easing of U.S. restrictions, a reduction of U.S. military presence in the region, reopening of the Strait of Hormuz with transit fees benefiting Iran, and potentially allowing Tehran to retain its enriched uranium stockpile.
Iran Rejects Trump Claim on Full Reopening of Strait of Hormuz
Iran pushed back on President Trump’s claim that a proposed peace deal would fully reopen the Strait of Hormuz. Iranian media said the waterway would remain under Iran’s control and that restoring shipping traffic does not mean unrestricted passage as it existed before the war.
Trump had said the strait would be opened under a potential agreement, while Iran stressed it would continue managing access. Meanwhile, Secretary of State Marco Rubio said the U.S. and its allies need a backup plan if Tehran refuses to fully reopen the vital oil transit route.

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