Pakistan Says Final Agreed Text Reached for U.S.-Iran Deal as Iran Holds Final Deliberations
Image: جهان نيوز

Pakistan Says Final Agreed Text Reached for U.S.-Iran Deal as Iran Holds Final Deliberations

29 May, 2026.Iran.23 sources

Key Takeaways

  • Pakistan says final, agreed-upon text of a U.S.-Iran peace deal has been reached.
  • Iran's foreign minister says the deal has never been closer.
  • Deal would wind down the war and reopen the Strait of Hormuz.

Deal text reached

Pakistan said a "final, agreed upon text" of a U.S.-Iran deal has been reached, while NBC News reported that Iran was holding "final" deliberations and that the missing piece was a sign-off from Iran's Supreme Leader.

Trump blasts Iran version of deal US President Donald Trump accused Iran on Friday of lying about the contents of a proposed deal to end the war, with the White House insisting Tehran would dismantle its nuclear program

Al-MonitorAl-Monitor

NBC News also said two Iranian drones were shot down last night, and Iranian media reported its military had stopped a tanker from passing through the Strait of Hormuz.

Image from Al-Monitor
Al-MonitorAl-Monitor

Iranian Foreign Minister Abbas Araghchi told state TV that a memorandum of understanding could be announced within the next 1 or 2 days, and he said Iran would maintain control of the Strait of Hormuz with its armed forces intervening whenever necessary.

The BBC reported that Araghchi said the deal to end fighting would include reopening the Strait of Hormuz and lifting a U.S. blockade, while nuclear talks would begin later.

The BBC added that the war began with U.S. and Israeli strikes across Iran on 28 February and that the Strait of Hormuz was effectively closed after the war began.

Competing claims and quotes

Trump lashed out at Iranian state media reports that differed from U.S. descriptions of the potential terms, and CNN said it was not yet clear if Iran's supreme leader had signed off while Iran's foreign ministry signaled a framework was in reach.

CNN reported that a signed memorandum of understanding would trigger 60 more days of "technical" negotiations, and it said a statement about future control of the Strait of Hormuz should be expected "soon."

Image from Al-Quds al-Arabi
Al-Quds al-ArabiAl-Quds al-Arabi

In the same dispute over the deal's content, Al-Monitor reported Trump saying, "The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing," and it quoted Trump adding, "Very dishonorable people to deal with,".

Al-Monitor also quoted U.S. Vice President JD Vance denying Iran would profit, saying, "The Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,".

Meanwhile, the BBC said Pakistani Prime Minister Shehbaz Sharif confirmed the Memorandum of Understanding had been agreed and was awaiting finalizing, and it quoted Araghchi saying, "This could happen in the coming days. I am very hopeful,".

What happens next

NBC News said Araghchi described the negotiations as two stages, with the first stage being writing the memorandum and the second stage starting formal negotiations, and it said the nuclear issue and lifting of sanctions were deferred to the second stage.

The BBC reported that U.S. officials said the deal would be performance-based, with economic benefits depending on Tehran meeting obligations, and it said officials stressed there would be no money provided up-front.

Fox News reported that CENTCOM said it had redirected 139 commercial vessels and disabled nine non-compliant vessels since the blockade began on April 13, and it said the blockade remained in effect as negotiations continued.

The BBC also said Araghchi warned that the Strait of Hormuz administration would "no longer be the same as before," and it said since closing the Strait Iran had insisted on a fee while the U.S. insisted passage should be free to all shipping.

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