Iran Rejects Trump’s Sunday Signing Claim as Talks Continue

Iran’s government rejected U.S. President Donald Trump’s assertion that a memorandum ending hostilities will be signed on Sunday, saying the document remains unfinished. Pakistan, which has mediated the talks, said finalisation was likely within 24 hours.

Trump posted on his social platform: “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL.” Pakistan’s prime minister set an upbeat tone and said Islamabad was preparing for an electronic signing, adding that the parties were “closer to a peace deal than ever before. With finalisation likely expected in the next 24 hours.”

Iranian officials pushed back. One official reported that two points remain unresolved and that an agreement could be signed quickly depending on the U.S. position. The official declined to provide further details.

The Islamic Revolutionary Guard Corps described the announced timeline as false and framed the Sunday date as a test of negotiators. The IRGC noted the date coincides with the U.S. president’s birthday and warned against turning the signing into a public relations event.

The talks are intended to replace a fragile 60-day ceasefire that has limited direct hostilities. A signed memorandum would aim to reopen the Strait of Hormuz, a key shipping route for global crude oil.

Officials on all sides reported progress but gave few specifics about remaining differences. Tehran maintained that the framework has not been finalised and that negotiators must resolve outstanding legal and implementation issues before any formal signing.

Markets reacted to the competing claims and the risk of a deal or delay. Oil traders noted that a confirmed reopening of the strait could ease supply concerns and put downward pressure on prices. Cryptocurrency markets rose modestly after the reports: Bitcoin traded near $64,460, up about 1.6% over 24 hours, and the broader crypto market increased roughly 1%. The Crypto Fear and Greed Index remained around 18.

Traders and officials said confirmation or a delay would likely move energy and digital-asset prices when markets reopen.