US PresidentDonald Trump announced Saturday that a nuclear and peace agreement with Iranwill be signed Sunday, pledging that the Strait of Hormuz will reopenimmediately upon signing, a timeline Iran's foreign ministry disputed hours earlier.
Trump statedthat no financial transfers would accompany the deal, contrasting it with theObama-era payments to Tehran, which he put at "hundreds of billions ofdollars, including 1.7 billion dollars in green, cold cash." He added that"immediately after it is signed, the Hormuz Strait is open to all."
Iran's ForeignMinistry spokesman Esmaeil Baqaei directly contradicted the Sunday timeline,stating Saturday that the precise date for signing the memorandum ofunderstanding between the two sides "has not yet been determined" andthat it "will not be tomorrow, Sunday." Pakistani Prime MinisterShehbaz Sharif separately said Islamabad was preparing to electronically signthe US-Iran peace agreement within 24 hours, without specifying a date.
Trump also warnedthat the United States retains "the ultimate alternative, hopefully neverto be used again," if the diplomatic process fails.
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