The memorandum of understanding between the U.S. and Iran to end the war could be signed in Geneva, Switzerland, on Sunday, according to a new report.
Citing a source familiar with the matter, Reuters detailed that the language of the document is still being written. Some sticking points remain, including Iran's demand that fighting also stops in Lebanon, where Israel has been striking its ally, Hezbollah.
The report went on to claim that the goal is for the document to be finalized on Saturday so it can be signed on Sunday, likely by U.S. Vice President JD Vance and Iranian Parliament Speaker Mohammed Baqer Qalibaf.
Iranian state news agency IRNA said on Friday that the terms of the agreement does not include giving up control of the Hormuz Strait, which Tehran is seeking to control following the war.
"Iran makes no commitment in this text to cede the management of the strait or the restoration of conditions that existed prior to the American and Israeli military aggression," the news agency said. The country has been seeking to charge ships transiting through the key waterway as a way to seek compensation for damages sustained in the war.
IRNA also said that Tehran won't give up its right to enrich uranium in any deal with the U.S. Negotiations on the country's nuclear program would begin after the signing of a memorandum of understanding to end the war, which Trump said could be sign as early as this weekend.
"Issues such as Iran's right to enrich uranium and the retention of enriched material by the Islamic Republic of Iran will be emphasized with a view to their inclusion in the final agreement," the news agency noted.
The memorandum would extend a ceasefire for 60 days, including in Lebanon, when nuclear negotiations would be held. Two sources familiar with the matter told Axios that the deal had been approved by high-ranking Iranian officials but not yet by Supreme Leader Mojtaba Khamenei.
Elsewhere, Israeli Prime MinisterBenjamin Netanyahu said he will not allow Iran to have a nuclear weapon. He said he and Trump. In a social media post, he said that as long as he is prime minister, Iran won't be able to have one.
"Without this struggle, Iran would have long ago obtained nuclear bombs to destroy Israel," he added. "Iran is working to destroy the Jewish state, and I have dedicated my life to preventing them from doing so," Netanyahu added.
