Axios Says Trump Expects US-Iran Deal to Be Signed This Weekend or Early Next Week
Summary
- President Donald Trump said a deal between the US and Iran could be signed this weekend or early next week.
- Markets see the US and Iran as very close to a final deal, but uncertainty may persist because formal approval procedures remain in both countries.
- Trump said a deal would prevent Iran from acquiring nuclear weapons and reopen the Strait of Hormuz.
Forecast Trend Report by Period
President Donald Trump is still expecting the US and Iran to sign an agreement this weekend or early next week.
Axios reported on June 12 that Trump believes a deal with Iran could be signed over the weekend or by Monday.
Trump has recently argued that negotiations between Washington and Tehran are effectively in their final stage, with only work on the final document remaining.
He also said earlier that the signing could take place in Europe and that a deal would prevent Iran from acquiring nuclear weapons and reopen the Strait of Hormuz.
Iran, however, has maintained that it has not yet made a final decision.
Iran's Foreign Ministry said it is reviewing the draft agreement and will make an official announcement once the relevant authorities reach a conclusion.
Fars, Iran's semi-official news agency, reported that the US had accepted language proposed by Iran and that the text was likely to be approved.
Markets view the US and Iran as being very close to a final agreement. Still, uncertainty could persist until the deal is actually signed because formal approval procedures remain in both countries.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
