US President Donald Trump announced on Saturday that a peace agreement with Iran is expected to be signed on Sunday and that the Strait of Hormuz will be reopened to all maritime traffic, a development that Pakistan, acting as a mediator, indicated could follow an initial agreement to end a conflict that began in February. Trump contrasted his proposed deal with the JCPOA, asserting it would prevent Iran from acquiring nuclear weapons, and suggested the US would oversee the destruction of Iran's enriched uranium stockpile. While Pakistan's Prime Minister indicated an agreement framework was in place for an electronic signing, Iran's Foreign Ministry spokesperson stated that while a memorandum of understanding might be reached in the coming days, the signing would not occur on Sunday due to unspecified hesitancy from the other side.

US President Donald Trump announced on Saturday that a peace agreement with Iran is expected to be signed on Sunday and that the Strait of Hormuz will be reopened to all maritime traffic, a development that Pakistan, acting as a mediator, indicated could follow an initial agreement to end a conflict that began in February. Trump contrasted his proposed deal with the JCPOA, asserting it would prevent Iran from acquiring nuclear weapons, and suggested the US would oversee the destruction of Iran's enriched uranium stockpile. While Pakistan's Prime Minister indicated an agreement framework was in place for an electronic signing, Iran's Foreign Ministry spokesperson stated that while a memorandum of understanding might be reached in the coming days, the signing would not occur on Sunday due to unspecified hesitancy from the other side.

US President Donald Trump announced on Saturday that a peace agreement with Iran is expected to be signed on Sunday and that the Strait of Hormuz will be reopened to all maritime traffic, a development that Pakistan, acting as a mediator, indicated could follow an initial agreement to end a conflict that began in February. Trump contrasted his proposed deal with the JCPOA, asserting it would prevent Iran from acquiring nuclear weapons, and suggested the US would oversee the destruction of Iran's enriched uranium stockpile. While Pakistan's Prime Minister indicated an agreement framework was in place for an electronic signing, Iran's Foreign Ministry spokesperson stated that while a memorandum of understanding might be reached in the coming days, the signing would not occur on Sunday due to unspecified hesitancy from the other side.

In a major announcement, US President Donald Trump said a peace agreement with Iran is expected to be signed on Sunday and that the Strait of Hormuz would be reopened to all maritime traffic, raising hopes in global markets that have been rattled since the outbreak of war in the Middle East in February.

“The deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” Trump wrote on Truth Social on Saturday.

Trump described the proposed agreement as the “exact opposite” of the nuclear deal signed by former President Barack Obama with Tehran. He argued that the Joint Comprehensive Plan of Action (JCPOA) would have accelerated Iran’s path to acquiring nuclear weapons.

“Barack Hussein Obama’s deal with Iran, the JCPOA, was an easy, beautiful, smooth road to a nuclear weapon, which Iran would have had six years ago, and would have used long before now,” Trump said. “My agreement with Iran is the exact opposite — a wall to no nuclear weapon. In fact, they no longer want a nuclear weapon, nor will they have one, either through purchase, development, or any other form of procurement.”

Trump also suggested that the United States would ultimately take possession of Iran’s stockpile of enriched uranium and oversee its destruction.

“At the appropriate time, when all is calm, we will go in and get the nuclear dust, buried deep under the powerful sunken granite mountains, thanks to our beautiful B-2 bombers and their brilliant pilots, and downblend and destroy it, whether in Iran or the United States,” he said.

Trump’s remarks came shortly after Pakistan, which has been mediating between the two sides, indicated that an initial agreement to end the conflict could be reached within the next 24 hours.

Pakistani Prime Minister Shehbaz Sharif said on Saturday that both sides had agreed on a framework for a peace accord and that Islamabad was preparing for an electronic signing ceremony on Sunday, followed by technical-level talks next week.

Iran, however, pushed back on suggestions that a formal agreement would be signed so soon, while leaving open the possibility of a deal in the coming days.

“We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow,” Iranian Foreign Ministry spokesperson Esmaeil Baghaei was quoted as saying by state media.

“The possibility of this happening in the coming days cannot be ruled out. However, due to the hesitation of the other side, we must be cautious in making any comments about this process,” he added.