The signing of the memorandum of understanding between the U.S. and Iran could be signed as soon as Wednesday, according to a new report.
Should that happen, Axios noted, the signing could take place electronically rather than in-person on Friday, as scheduled.
The meeting between Vice President JD Vance and Iranian parliamentary speaker Mohammad-Bagher Ghalibaf will still take place in Switzerland on that day as they are expected to kick off nuclear negotiations.
Citing a diplomatic source, the outlet said the goal is accelerating the timetable to reopen the Strait of Hormuz.
However, another factor could be the pressure the Trump administration is under to disclose the wording of the document, with different reports claiming that it includes significant concessions from the Trump administration.
Reuters noted that a $300 billion private fund to invest in Iran is included in the document, and more than half of that sum has already been committed. It detailed that the fund is a private investment vehicle, rather than a reconstruction or reparations program, and won't include government funding. Companies based in the U.S., the Gulf and elsewhere have already pledged financing.
Iran and Hezbollah have also said that Tehran's agreement with the U.S. requires Israel to withdraw from Lebanon, something the country has rejected doing.
Iranian Foreign Minister Abbas Araghchi said the presence of Israeli forces in the country would be a violation of the agreement.
"When we reached a ceasefire, we declared it across all fronts, with particular emphasis on Lebanon," Araghchi told press.
Israel, however, has rejected such a possibility. The country's defense minister, Israel Katz, said the country won't withdraw from seized Lebanese territory despite the tentative agreement.
Speaking to press after the deal was announced, Katz also warned that if Iran attacks Israel in retaliation for strikes in Lebanon, it will respond "with full force" and won't relent on its goal "despite all the existing pressures and those that will still come."
President Donald Trump has threatened to resume the war if he doesn't like the agreement or where negotiations are headed.
Speaking to press alongside Egyptian President Abdel-Fattah El-Sisi at the G7 conference in France, Trump said he will "go right back to dropping bombs" in such a scenario.
"I don't like it if they don't behave. We'll go right back to dropping bombs right smack in the middle of their head," Trump added. He went on to note that the deal is "not final."
