Dubai Telegraph - Trump says US-Iran deal to be signed Sunday, Hormuz to open after

EUR -
AED 4.215401
AFN 74.609111
ALL 91.743442
AMD 416.891958
ANG 2.055032
AOA 1052.558585
ARS 1736.38229
AUD 1.613807
AWG 2.066091
AZN 1.969947
BAM 1.956761
BBD 2.312995
BDT 141.029237
BGN 1.932302
BHD 0.432913
BIF 3454.935973
BMD 1.147829
BND 1.465294
BOB 11.684533
BRL 5.891347
BSD 1.148344
BTN 110.113059
BWP 15.573374
BYN 3.491053
BYR 22497.438932
BZD 2.309714
CAD 1.606702
CDF 2651.483661
CHF 0.946735
CLF 0.027748
CLP 1095.660028
CNY 7.697798
CNH 7.69739
COP 3597.937356
CRC 513.743266
CUC 1.147829
CUP 30.417456
CVE 110.317237
CZK 24.307338
DJF 204.496833
DKK 7.475227
DOP 68.02132
DZD 153.667385
EGP 59.879577
ERN 17.217428
ETB 187.581623
FJD 2.571997
FKP 0.853614
GBP 0.858237
GEL 2.990086
GGP 0.853614
GHS 13.218259
GIP 0.853614
GMD 84.939095
GNF 10095.956527
GTQ 8.762302
GYD 240.22375
HKD 9.005002
HNL 30.823132
HRK 7.53905
HTG 150.089108
HUF 363.101199
IDR 20356.738748
ILS 3.48339
IMP 0.853614
INR 109.953133
IQD 1504.386141
IRR 1577776.38367
ISK 139.783509
JEP 0.853614
JMD 181.225814
JOD 0.813785
JPY 178.792086
KES 148.760191
KGS 100.377205
KHR 4677.214743
KMF 491.270445
KPW 1033.04603
KRW 1587.601765
KWD 0.354232
KYD 0.957053
KZT 511.561147
LAK 25721.403624
LBP 102838.695928
LKR 380.896998
LRD 199.241741
LSL 18.708085
LTL 3.389239
LVL 0.69431
LYD 7.294581
MAD 10.93868
MDL 20.160546
MGA 4987.405075
MKD 61.550218
MMK 2410.05515
MNT 4128.568379
MOP 9.279973
MRU 46.005586
MUR 54.705044
MVR 17.688266
MWK 1991.342936
MXN 19.738633
MYR 4.704606
MZN 73.356338
NAD 18.708085
NGN 1527.701765
NIO 42.260748
NOK 10.823466
NPR 176.177423
NZD 1.999621
OMR 0.441346
PAB 1.148354
PEN 3.877003
PGK 5.109419
PHP 71.988932
PKR 318.311572
PLN 4.358443
PYG 6793.335132
QAR 4.186155
RON 5.262332
RSD 117.36434
RUB 97.240487
RWF 1694.502377
SAR 4.262505
SBD 9.183216
SCR 15.833256
SDG 690.345852
SEK 11.271113
SGD 1.464118
SHP 0.857388
SLE 28.282759
SLL 24069.380767
SOS 656.310775
SRD 43.333396
STD 23757.732844
STN 24.511607
SVC 10.048758
SYP 14924.066669
SZL 18.700855
THB 38.235889
TJS 10.593916
TMT 4.0174
TND 3.378259
TOP 2.763695
TRY 55.871024
TTD 7.796692
TWD 36.608896
TZS 3048.549876
UAH 51.3177
UGX 4513.215726
USD 1.147829
UYU 46.171863
UZS 13522.638828
VES 970.437301
VND 29857.315383
VUV 135.796243
WST 3.148394
XAF 655.957
XAG 0.017719
XAU 0.000264
XCD 3.102064
XCG 2.069716
XDR 0.811574
XOF 655.957
XPF 119.331742
YER 271.634183
ZAR 18.661402
ZMK 10331.834704
ZMW 22.537672
ZWL 369.600314
SSP 6494.615471
MXV 2.237951
  • CMSD

    0.1650

    20.455

    +0.81%

  • BCC

    -0.0050

    75.305

    -0.01%

  • NGG

    1.4200

    77.45

    +1.83%

  • CMSC

    0.2450

    20.725

    +1.18%

  • GSK

    0.5550

    50.845

    +1.09%

  • AZN

    3.1800

    166.07

    +1.91%

  • BTI

    -0.1800

    55.91

    -0.32%

  • RIO

    2.2300

    98.02

    +2.28%

  • RBGPF

    0.0000

    69.99

    0%

  • BCE

    0.2000

    22.7

    +0.88%

  • RYCEF

    0.4200

    20

    +2.1%

  • VOD

    0.0950

    17.555

    +0.54%

  • JRI

    0.0950

    11.595

    +0.82%

  • BP

    -0.1150

    45.265

    -0.25%

  • RELX

    0.1900

    34.46

    +0.55%

Trump says US-Iran deal to be signed Sunday, Hormuz to open after
Trump says US-Iran deal to be signed Sunday, Hormuz to open after / Photo: Mandel NGAN - AFP/File

Trump says US-Iran deal to be signed Sunday, Hormuz to open after

US President Donald Trump said that a deal with Iran to end the war in the Middle East could be signed Sunday, and that the strategic Strait of Hormuz would be "open to all" immediately after.

Text size:

Iran had offered a different timeline earlier in the day, but nonetheless signalled an agreement was in the offing, as both the warring parties and their mediators expressed increasing optimism that weeks of halting negotiations were drawing to a close.

The leader of key mediator Pakistan said a deal was closer "than ever before".

The "finalisation" of this agreement is expected "within the next 24 hours", Pakistani Prime Minister Shehbaz Sharif said Saturday on X, adding that it will be signed electronically, without going into further detail or specifying what this would involve.

He said "technical level talks" are expected to follow next week.

A Pakistani foreign ministry statement also said the signing was planned for Sunday.

The momentum came in spite of fresh skirmishes in the Strait of Hormuz, which Iran has blockaded since early in the war, throwing global markets into turmoil.

"The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL," a post on Trump's official Truth Social platform read on Saturday.

Since an April 8 truce paused the worst of the fighting, Trump has repeatedly insisted a deal was imminent, only for the wrangling to drag on.

Iranian foreign ministry spokesman Esmaeil Baqaei had said earlier on Saturday that the date of the signing was yet to be determined, but "it will not be tomorrow".

However, he added: "The possibility of this happening in the coming days cannot be ruled out."

The warring parties have nonetheless released conflicting information about the contents of the deal, as each seeks to show it emerged from the war with the upper hand.

- Hormuz drones -

Tehran has insisted it will maintain control over the Strait of Hormuz, a key maritime trade route for oil and gas shipments from the Gulf.

Since imposing its blockade, Iran has demanded vessels obtain permission from its armed forces before transiting the waterway, and has established a new body to oversee it and collect tolls.

The US has responded with its own blockade of Iranian ports.

The US military's Central Command said earlier Saturday Iran had "launched multiple one-way attack drones in an attempt to strike commercial ships transiting the Strait".

It added that "US forces have downed all of them in recent hours".

Iran's Foreign Minister Abbas Araghchi, in an interview with state television Friday, had said the deal on the table called for the lifting of the US naval blockade.

"The administration of Strait of Hormuz will no longer be the same as before," he added, calling the waterway one of Iran's "main instruments of deterrence".

The US has repeatedly said Iran remaining in control of the strait would be unacceptable, and Trump's post made no mention of tolls or other arrangements.

- 'Nuclear dust' -

Another key sticking point in the talks has been the fate of Iran's nuclear programme, particularly its stockpile of highly enriched uranium -- believed to have been buried by US strikes last year during a previous short-lived war.

Iran has long insisted its nuclear programme is peaceful and that it has a right to enrichment, but the United States, Israel and other Western governments suspect it of seeking a bomb.

Araghchi on Friday said the only way to deal with Iran's enriched uranium "is to dilute it inside Iran".

Trump, who has justified the war as necessary to prevent Iran from obtaining nuclear weapons, previously said the US would remove and destroy the uranium.

In Saturday's post, he said: "When all is calm, we will go in and get the Nuclear Dust... and downblend and destroy it, whether in Iran, or the United States."

"Hopefully, this process will all work out quickly, easily, and smoothly," he added. "If it doesn't, we have the ultimate alternative, hopefully never to be used again!"

Prime Minister Benjamin Netanyahu of Israel -- which launched the war in tandem with the US in February -- said Trump had promised him any agreement would include the removal of the enriched nuclear material.

In the streets of Tehran, there was scepticism the latest agreement would cross the finish line.

"I don't think there is any deal soon," said Saeed Sadeghi, 49. "I don't trust their word."

Fars news agency shared a video from Iran's northeastern city of Mashhad showing dozens protesting the deal outside a foreign ministry building Saturday.

It showed women in black chadors chanting "death to dishonourable Araghchi, the infiltrator", while waving red and black flags.

burs-jj/rlp/ane/abs

G.Koya--DT