Iranian foreign minister says deal with U.S. "never been closer"

Axios
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The short version

  • Why it matters: Araghchi's comments on X were the most positive yet from Tehran about the prospects for a deal in the coming days…
  • Driving the news: President Trump, who lashed out earlier on Friday over reports in Iranian state media about the contents of the deal…
  • What they're saying: "The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our…
  • Between the lines: After Trump claimed on Thursday that the deal was finalized and could be signed this weekend, Tehran said it had not made a "final decision." Two sources told Axios that as of…
  • Zoom in: The biggest discrepancy between the Iranian and U.S. claims around the deal is over what happens to Iran's billions of dollars in frozen funds. Iran claims money will be unfrozen…

The story

Iranian Foreign Minister Abbas Araghchi said Friday that an agreement with the U.S. to extend the ceasefire, reopen the Strait of Hormuz and launch negotiations on Iran's nuclear program "has never been closer."

Why it matters: Araghchi's comments on X were the most positive yet from Tehran about the prospects for a deal in the coming days, and appeared designed to prevent the deal from collapsing amid a battle to shape the narrative around it.


  • Pakistani prime minister Shehbaz Sharif, one of the key mediators between the U.S. and Iran, wrote on X that "an agreed upon text of the peace deal has been reached" and Pakistan was working with the parties on next steps.

Driving the news: President Trump, who lashed out earlier on Friday over reports in Iranian state media about the contents of the deal, told Axios in a short call that he considered Araghchi's post "very positive."

  • Trump said he'd demanded a public clarification over the state media reports, which claimed Iran stood to receive billions of dollars in frozen assets immediately after signing the agreement.
  • Trump also claimed Iran had privately "apologized for putting out false information." It's unclear how any such message was conveyed.
  • The president said he still thinks a deal could be signed over the weekend or on Monday.

What they're saying: "The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course," Araghchi wrote.

  • That came after Trump posted on Truth Social that "the terms that Iran leaked out... have NOTHING to do with the terms that were agreed to, in writing."
  • "Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith," Trump wrote, adding: "They better get their act together, and FAST!"
  • Sharif wrote that actors "who want to sabotage the peace deal" were conducting a misinformation campaign, but "peace has never been this close as it is now."

Between the lines: After Trump claimed on Thursday that the deal was finalized and could be signed this weekend, Tehran said it had not made a "final decision."

  • Two sources told Axios that as of Thursday evening, the deal had been approved on the Iranian side at high levels but likely not by Supreme Leader Mojtaba Khamenei.
  • The Iranian media reports led to criticism of Trump from hawks and mocking from Democrats who claimed the agreement was, at best, a reheating of the 2015 deal signed by then-President Obama.
  • While both sides now say an agreement is close, the efforts to shape the narrative around it could get in the way of actually signing it.

Zoom in: The biggest discrepancy between the Iranian and U.S. claims around the deal is over what happens to Iran's billions of dollars in frozen funds.

  • Iran claims money will be unfrozen immediately, the U.S. says that will only happen in return for nuclear concessions.
  • Vice President Vance insisted the "economic benefits" would only flow if "Iran meets its obligations," and criticized those who were attacking the deal based on "anonymously sourced social media posts."

Go deeper: Our breakdown of what's in the deal

Read the full story at AxiosOriginal

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