President Donald Trump has strongly denied claims made by Iranian state media regarding the terms of a proposed peace agreement between the United States and Iran. The disagreement comes at a crucial stage in negotiations aimed at ending months of conflict, with both sides reportedly discussing a framework that could reduce tensions across the Middle East and restore stability to global energy markets.
According to reports published by Iran’s Mehr News Agency, a draft memorandum of understanding includes several major concessions from the United States. These reportedly include lifting oil sanctions on Iran, releasing a portion of Iran’s frozen assets, and ending a U.S. naval blockade before final negotiations can begin. The report also claimed that Iran would reopen the Strait of Hormuz within 30 days of signing the agreement.
However, Trump dismissed those reports, saying the details being circulated by Iranian media have “nothing to do with the terms that were agreed to, in writing.” In a series of remarks, he accused Iranian officials of misrepresenting the negotiations and questioned their willingness to engage in good-faith diplomacy.
The U.S. president also criticized what he described as a drone attack involving ships leaving the Strait of Hormuz. Trump called the incident “totally unacceptable” and urged Iran to act quickly to prevent further escalation. The comments came shortly after India raised concerns regarding attacks on commercial vessels carrying Indian mariners in the Gulf of Oman.
Despite the public disagreement, Trump indicated earlier this week that a peace agreement could be finalized soon. He claimed that discussions with Iran had reached the highest levels of leadership and suggested that a formal deal could be signed within days if remaining issues are resolved.
Reports suggest that Switzerland may host a signing ceremony as early as this weekend. World leaders are also expected to discuss developments during the upcoming G7 summit, adding further international attention to the negotiations.
One of the most significant elements of the reported agreement involves the Strait of Hormuz, one of the world’s most important energy shipping routes. Around one-quarter of global seaborne oil trade and roughly one-fifth of global liquefied natural gas shipments pass through the waterway. Any disruption in the region has the potential to affect fuel prices and energy supplies worldwide.
Financial markets responded positively to the prospect of a breakthrough. Global stock markets moved higher on hopes that a peace deal could reduce geopolitical risks. European equities recorded strong gains, while oil prices fell as traders anticipated a lower likelihood of supply disruptions in the Gulf region.
The reported draft agreement also includes other major provisions, including the withdrawal of U.S. forces from Iran and reconstruction plans reportedly worth at least $300 billion. However, these claims remain unconfirmed by Washington, and Trump has specifically rejected the version of events presented by Iranian media.
Israel has not directly commented on the reported draft memorandum, but Israeli officials have emphasized that any final agreement must include restrictions on Iran’s nuclear and missile capabilities. Israeli leaders have also reiterated that their broader regional security policies will remain unchanged.
For now, the future of the agreement remains uncertain. While optimism has increased in diplomatic and financial circles, significant differences appear to remain between the public positions of both sides. The coming days will likely determine whether negotiations result in a historic peace agreement or face further obstacles before reaching the finish line.
