New Delhi: U.S. President Donald Trump on Saturday said a new agreement between Washington and Tehran could be signed as early as Sunday, claiming it would block Iran from obtaining a nuclear weapon and lead to the reopening of the Strait of Hormuz.
The announcement came in a post on Truth Social, where Trump described the proposed agreement as the “exact opposite” of the 2015 nuclear deal negotiated during former President Barack Obama’s administration.
Why it matters: The Strait of Hormuz is one of the world’s most important oil shipping routes. Any breakthrough between the U.S. and Iran could ease tensions in the Middle East and reduce concerns over global energy supplies.
The latest:
- Trump says the deal is expected to be signed on Sunday.
- He claims Iran will not be allowed to obtain a nuclear weapon.
- The Strait of Hormuz would reopen immediately after the agreement takes effect.
- Trump said no money would be exchanged as part of the deal.
Trump also accused the Obama administration of giving Iran a pathway to a nuclear weapon, while arguing that the new agreement would permanently prevent Tehran from developing one.
Zoom in: Trump said Iran no longer wants a nuclear weapon and insisted the proposed agreement would stop any future attempt to acquire one through development, purchase or other means.
The big picture: The announcement follows months of diplomatic efforts aimed at reducing tensions in the region. The Strait of Hormuz has remained at the centre of global attention due to its role in international oil and gas shipments.
While Trump projected confidence about a Sunday signing, Tehran has not yet publicly confirmed the exact timeline outlined by the U.S. president.
What we’re watching: Whether U.S. and Iranian officials formally announce the agreement on Sunday and what details emerge regarding Iran’s nuclear programme, sanctions and regional security commitments.
