Pakistani Prime Minister Shehbaz Sharif said Friday a “final, agreed upon text” of a U.S.-Iran peace deal has been reached, as Pakistan works with both sides to finalize next steps amid what Sharif called an “incessant misinformation campaign” by those seeking to sabotage the agreement.
What The Deal Covers — And What It Demands
The memorandum of understanding between the U.S. and Iran would require Iran to dismantle its nuclear program, submit to an inspection regime and end its funding of regional proxies, CNBC reported Friday, citing a senior Trump administration official. The deal also aims to reopen the Strait of Hormuz and “guarantees a long-term peace in the region,” the official told CNBC.
According to the report, if Iran complies, it would receive significant economic relief, the easing of long-term sanctions and access to previously frozen assets. “Those benefits only accrue if they actually deliver,” the official said, putting the odds of a signature at “80%–85%” within days, up from 75% earlier Friday. Iran’s system is “very complicated” with internal fractures within the regime, the official cautioned, adding the two sides have not yet determined where a deal would be signed.
Building To Friday
Momentum had been building through the week. Trump said Thursday in a post on Truth Social he canceled planned strikes against Iran after negotiations were approved by the country’s highest leadership, calling it a framework that had received backing from several regional allies. From the Oval Office, Trump called it a “great settlement of the war with Iran,” subject to “finalization of documents.”
Iranian Foreign Minister Abbas Araghchi posted on X earlier Friday, before Sharif’s statement, that a deal “has never been closer.”
White House Pushes Back On Leaked Provisions
Earlier Friday, Iran’s Mehr News Agency reported 14 purported provisions in the draft deal, including U.S. commitments to lift oil sanctions, end its naval blockade and release frozen funds. President Donald Trump pushed back sharply on Truth Social, writing the leaked terms had “NOTHING to do with the terms that were agreed to, in writing,” calling Iran “very dishonorable people to deal with.”
Vice President JD Vance addressed the misinformation directly on X, writing that “the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” adding that economic benefits would flow to Iran and the region only if Tehran meets its obligations.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
