Trump Says Iran–U.S. Agreement Will Be Signed Within Three Hours, Lifts Naval Blockade Tonight

President Donald Trump said the Iran–U.S. agreement would be signed within three hours, and he added that if the agreement is signed he will lift the naval blockade tonight.

Tabnak, citing a source close to the negotiating team, said that as the report was being prepared Iran had not yet taken or announced its final decision on the proposed framework agreement presented in the talks.

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Reuters reported that the leaders of the United States and Pakistan anticipated that on Sunday a framework agreement (the memorandum of understanding) to halt the war between the United States and Iran would be signed, but Tehran expressed doubt about the timing.

Iran’s Foreign Ministry spokesman Ismail Baqai said on Friday that they were in the final stages of compiling the text of the memorandum, while Reuters said opponents of the agreement gathered in public squares and in front of the Foreign Ministry in Tehran, apparently blaming Abbas Araghchi.

The draft provisions described to Reuters by multiple sources indicate that the proposed memorandum calls for reopening the Hormuz Strait and lifting the U.S. naval blockade, with negotiations on Iran’s nuclear program to follow.

U.S. Vice President J. D. Vance drew political controversy in the United States over $300 billion that Tehran is reportedly set to receive for reconstruction, as CNN reports the agreement President Donald Trump struck with the Iranian regime faces opposition from many conservatives and Republicans.

Masrawy says the Trump administration moved to clarify that the proposed funds would not come from American taxpayers, but from potential international and Gulf investments and contributions, linked to Iran’s full commitment to the terms of the agreement.

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Masrawy also frames the funding idea as encouraging regional and international partners to invest in economic projects and reconstruction inside Iran if Tehran adheres to its political and security commitments.

In a separate account, Yalibnan says the U.S. and Iran are trying to wipe the slate clean, with the U.S. Navy suspending its blockade of Iran’s ports in exchange for Tehran reopening the Strait of Hormuz over the next 30 days.

Yalibnan adds that the Iranians insist Washington agreed to unfreeze billions of dollars of Tehran’s own money currently frozen in foreign bank accounts courtesy of U.S. sanctions, while the Trump administration has yet to verify those assertions.

Reuters reported that while U.S. bombings of Iran’s military–industrial base have severely weakened it and harmed its army, experts say this war has strengthened hardline elements within the IRGC more than ever.

Reuters also said videos on Iranian social media and news websites showed opponents of the agreement gathered in public squares and in front of the Foreign Ministry in Tehran, apparently blaming Iranian Foreign Minister Abbas Araghchi and shouting at him.

Tabnak said Iran has always stated that any decision regarding a possible agreement would be made solely based on national interests, preservation of red lines, and the necessary guarantees, and would not be swayed by media hype.

Tabnak further reported that if the initial agreement is finalized to end the war, Iran and the United States will enter negotiations within a 60-day window.

Yalibnan says the ceasefire originally signed on April 8 will officially be extended for another 60 days, and that the ceasefire will encompass the fighting between Israel and Hezbollah in Lebanon.