Overview
- President Donald Trump posted that a memorandum with Iran would be signed the next day and that the Strait of Hormuz would be reopened, a claim published on Saturday that the White House promoted as imminent.
- Iranian officials, including the Islamic Revolutionary Guard Corps and Foreign Ministry spokesman Esmaeil Baghai, publicly rejected the idea that a signing would occur on the announced date and said the document was not yet finalized.
- Reporting of draft terms describes Tehran agreeing to abandon nuclear-weapon ambitions and address enriched-uranium stocks in exchange for U.S. sanctions relief and restored trade and port access, but details on verification are unresolved.
- Pakistan’s prime minister confirmed his country is mediating the talks and said the two sides are closer than ever to a deal, while Switzerland has offered to host a signing ceremony and officials are considering electronic signatures.
- If a memorandum is signed, U.S. and Iranian officials say it would likely trigger a new 60-day phase of talks to negotiate implementation, with frozen Iranian assets abroad remaining a major outstanding obstacle.