Iran FM Araghchi Says US Deal Has 'Never Been Closer', Trump Reshares His Post

Published 12 June 2026 · finance

Iran FM Araghchi Says US Deal Has 'Never Been Closer', Trump Reshares His Post Published By, Last Updated: June 12, 2026, 21:52 IST Iranian Foreign

Iran FM Araghchi Says US Deal Has 'Never Been Closer', Trump Reshares His Post Published By, Last Updated: June 12, 2026, 21:52 IST Iranian Foreign Minister Abbas Araghchi says the Islamabad Memorandum of Understanding with the US is close but not final, amid disputes over leaked terms and sanctions issues. Iranian Foreign Minister Abbas Araghchi says the Islamabad Memorandum of Understanding with the US is close but not final, amid disputes over leaked terms and sanctions issues. (Image: AFP) Iranian Foreign Minister Abbas Araghchi on Friday said a proposed agreement between Tehran and Washington was “never closer" to being finalised, signalling progress in the ongoing negotiations between the two countries. In a post on X, Araghchi urged the media to avoid speculation about the contents of the proposed agreement until it is formally finalised. Araghchi’s post was later shared by US President Donald Trump on his Truth Social platform without any accompanying comment.

Remarks Come Amid Conflicting Claims Araghchi’s statement comes amid a flurry of reports about a potential US-Iran agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical global oil shipping route. US President Donald Trump has repeatedly said a deal is close and even suggested that a signing could take place soon. However, Iranian officials have maintained that no final agreement has been concluded yet. Iran’s Foreign Ministry spokesperson Esmaeil Baghaei recently said that while much of the negotiating text had been agreed upon, Tehran had not made a final decision and would not compromise on its key red lines. Trump Rejects Reports on Deal Terms The latest comments also come after Trump accused Iran of leaking inaccurate details of the negotiations. In a Truth Social post, the US president claimed that terms published in Iranian media had “nothing to do" with what had been agreed in writing and accused Tehran of negotiating in bad faith.

Meanwhile, US Vice President JD Vance sought to counter reports that Iran would immediately receive billions of dollars in frozen assets, saying no funds would be released simply for signing an agreement. “I’m seeing a lot of fake information about a potential deal to reopen the Strait and end Iran’s nuclear weapons program. First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting," Vance wrote on X. He added that any economic benefits for Iran would depend on Tehran fulfilling its obligations under the proposed agreement. What Is Being Negotiated? According to reports, the proposed memorandum would serve as a framework for a broader settlement between the two countries. Issues under discussion reportedly include reopening the Strait of Hormuz, sanctions relief, frozen Iranian assets, a ceasefire extension and future negotiations on Iran’s nuclear programme. While optimism has grown in recent days, significant differences remain between the US and Iranian positions, particularly over sanctions, uranium enrichment and regional security arrangements.