Peace Deal To End Iran War Will Be Signed Today, Says Trump

A peace deal to end the war in Iran is set to be signed as soon as today, Donald Trump has declared.

The US president said the agreement will lead to the economically-vital Strait of Hormuz waterway being “open to all”.

However, Iran poured cold water on hopes an agreement to end the conflict was imminent.

On Saturday, Esmaeil Baghaei, spokesman for the Iranian foreign ministry, said: “We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow.”

But in a subsequent post on Truth Social, Trump said: “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL.”

The Strait carried around one-fifth of the world’s oil and natural gas before the war started with a wave of American and Israeli air strikes on February 28.

However, it has been effectively closed by Iran since then in a move which has sent oil price soaring and raised fears of global economic meltdown.

Trump insisted “no money will exchange hands” as part of the peace deal, and claimed America will destroy what remains of Iran’s nuclear capability “when all is calm”.

He added: “We look forward to working with Iran, and the entire Middle East, long into the future.

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

Pakistani prime minister Shehbaz Sharif said that “we are closer to a peace deal than ever before”.

“With finalisation likely expected in the next 24 hours, Pakistan is preparing for the electronic signing of the peace deal immediately after, followed by technical level talks next week,” he said on X on Saturday.

Subscribe to Commons People, the podcast that makes politics easy. Every week, Kevin Schofield and Kate Nicholson unpack the week’s biggest stories to keep you informed. Join us for straightforward analysis of what’s going on at Westminster.