Trump Says US and Iran Have Signed a Deal, Vowing Tehran Will Never Acquire Nuclear Weapons

US President Donald Trump announced on Sunday that Washington and Tehran have signed a deal intended to end hostilities, declaring that Iran will never be permitted to acquire a nuclear weapon and that the strategic Strait of Hormuz will be fully reopened by Friday.

Trump made the remarks to reporters in France, where he met with President Emmanuel Macron ahead of the G7 summit. The announcement, delivered in characteristically terse fashion, offered broad outlines but few specifics about the substance of the agreement or the commitments each side has made.

“The deal’s all signed,” Trump said. “Iran will not have a nuclear weapon.”

Markets React Swiftly

The president linked the deal to immediate economic effects, noting that oil prices were falling and stock markets rising in response to the news. The Strait of Hormuz — a narrow maritime chokepoint through which roughly a fifth of the world’s oil supply passes — had been a source of escalating tension in recent months, with shipping disruptions contributing to a spike in crude prices and broader anxiety in energy markets.

Trump said the strait would be “fully open by Friday,” implying that the agreement includes provisions for de-escalation of maritime confrontations that had threatened to draw the US and Iran into direct military conflict.

Sanctions to Remain — For Now

Despite the announcement of a signed agreement, Trump was careful to note that American sanctions on Iran would remain in place until Tehran fulfils its obligations under the deal. “There will be no sanctions relief until Iran does what they are supposed to,” he said.

The conditional approach echoes the structure of previous US-Iran diplomatic efforts, most notably the 2015 Joint Comprehensive Plan of Action, from which Trump withdrew during his first term. Whether this agreement represents a fundamentally different architecture or a revised version of earlier frameworks remains unclear, as the full text of the deal has not yet been made public.

Trump said the agreement’s text would be released “sometime after Friday,” suggesting a formal signing ceremony may take place later in the week. He was non-committal about whether he would personally attend, saying, “I may or may not be involved in the official signing ceremony on Friday.”

A Shift After Months of Escalation

The deal follows months of rising tensions that at times appeared to be heading toward open confrontation. Previous reporting indicated that the US had called off planned military strikes against Iranian targets in the weeks leading up to Sunday’s announcement, a decision that created diplomatic space for the negotiations that have now apparently concluded.

Pakistan’s earlier announcement that a deal was in progress had already begun to ease oil markets, with prices sliding in anticipation of a resolution. Sunday’s confirmation that an agreement has been signed is likely to accelerate that trend, at least in the short term.

What Remains Unknown

Critical details remain absent from the public record. The nature and extent of Iran’s nuclear commitments, the verification mechanisms included in the agreement, and the specific conditions under which sanctions relief would be triggered have not been disclosed. The absence of these details leaves significant room for scepticism, both in Washington and Tehran, about whether the deal will hold once its terms become public.

For now, the markets have delivered their verdict: confidence. Whether that confidence proves justified will depend on what emerges when the full text is released and both sides begin the work of implementation.

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