Trump Says Hormuz to Reopen After Sunday US-Iran Deal; Tehran Says Memorandum May Take Days

US President Donald Trump has said a peace agreement between the United States and Iran is scheduled to be signed on Sunday, claiming the Strait of Hormuz will reopen to international shipping immediately after the deal takes effect.

In a post on Truth Social, Trump wrote, "The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL."

Trump said the proposed agreement would permanently prevent Iran from obtaining a nuclear weapon and described it as the opposite of the 2015 nuclear deal negotiated under former President Barack Obama. He also claimed Iran no longer seeks nuclear weapons and suggested that remaining nuclear material would eventually be removed and destroyed.

The US President stressed that no financial transfers would be involved under the proposed arrangement and expressed optimism about future relations between Washington and Tehran. However, he warned that the United States retained "the ultimate alternative" if diplomacy failed.

The announcement has drawn significant attention from global markets, as the Strait of Hormuz remains one of the world's most important energy transit routes. Any reopening of the waterway would be closely watched by major oil-importing nations, including India.

However, Iran has pushed back against Trump's timeline. Iranian Foreign Ministry spokesperson Esmaeil Baghaei said discussions on the proposed document are still ongoing and that no agreement will be signed on Sunday.

Speaking to Iranian state media, Baghaei said any memorandum of understanding between Iran and the United States would only serve as a framework for further negotiations rather than a final agreement. He added that talks on the nuclear issue are expected to continue for around 60 days.

Baghaei said the Pakistan-mediated document, often referred to as the "Islamabad memorandum," is primarily aimed at ending the current conflict and establishing a framework for de-escalation.

"We must wait for the exact time of signing the memorandum; although it will not be tomorrow, the possibility that it will happen in the coming days is not ruled out," he said.

Pakistan has continued to play a mediating role in the negotiations. Earlier, Prime Minister Shehbaz Sharif said talks were nearing completion and suggested the agreement could be finalised within 24 hours, with technical-level discussions expected to follow.

Sharif said Pakistan has helped facilitate discussions covering Iran's nuclear programme, sanctions relief and broader regional stability, while thanking both the United States and Iran for their continued engagement in the process.