Overview
- The president announced he cancelled planned attacks and said the deal’s end points were approved, projecting a signing could occur on Sunday.
- Iran’s foreign ministry and state media say no final agreement has been confirmed and have circulated draft terms that U.S. officials reject.
- Pakistan and Qatari mediators report the parties are close and Pakistan said an electronic signature could happen within 24 hours.
- Major unresolved issues include the timing and sequencing of sanctions relief and frozen funds, how Iran’s nuclear material would be handled, and enforceable verification measures.
- Markets moved after the announcements—Brent crude fell and U.S. stocks rose—while U.S. naval restrictions and sporadic military incidents keep the risk of renewed fighting alive.