Pakistani Prime Minister Shehbaz Sharif said the United States and Iran had reached a final, agreed text for a peace arrangement, describing the two sides as closer to a deal than at any earlier point. Pakistan, which had mediated during the war, was working with both governments on the next steps.
Sharif said finalisation could come within 24 hours, followed by electronic signing and technical-level talks the next week. President Donald Trump later shared Sharif's remarks on Truth Social without adding comment. The public optimism did not amount to confirmation that either Washington or Tehran had signed the memorandum of understanding.
Iranian Foreign Ministry spokesperson Esmaeil Baghaei urged caution over the timetable. Iranian state media quoted him saying a signing would not occur the next day, although it remained possible in the coming days. He attributed the uncertainty to hesitation by the other side.
A senior Trump administration official also said signature was not guaranteed. Speaking anonymously to reporters, the official estimated the likelihood at roughly 80% to 85%, up from about 75% earlier that day. The official said the parties appeared to support the current text but that unresolved issues could still emerge and that no signing location had been chosen.
According to the US official, the contemplated agreement included reopening the Strait of Hormuz and measures to dismantle Iran's nuclear programme. It would establish an inspection system and end Iranian funding for violence, the official said, while offering significant economic relief if Iran complied. That relief could include easing long-standing sanctions and unfreezing Iranian assets. These were the US administration's descriptions of the terms, not jointly released treaty language.
Trump had said the previous day that the United States had reached a settlement of the war, subject to finalising documents. Iranian Foreign Minister Abbas Araghchi separately wrote that a memorandum had never been closer. Despite those parallel statements, both sides challenged public accounts of what the draft contained.
Iran's Mehr News Agency reported 14 purported provisions, including lifting US oil sanctions, ending a naval blockade and releasing frozen Iranian funds. Trump rejected published descriptions of the terms, saying they did not match what had been agreed in writing.
The mixed messages left the negotiations at a delicate stage: Pakistan presented an agreed text and near-term signing process, while Iranian and American officials preserved room for delay or failure. Until a document was signed and released, the precise obligations, enforcement mechanisms and timing remained unsettled despite the unusually positive statements from all three governments.
